AFRINSURE Releases 2019 Audited and Q1 2020 Results, Declares N331m Loss in Q1, (SP:N0.20k)

Proshare

Friday, July 24, 2020 / 04:30 PM / NSE / Header Image Credit: African Alliance Insurance


African Alliance Insurance Plc released its Q1 2020 Unaudited results for the period ended March 31st, 2020.


Key Highlights

  • Gross Premium declined by -32.4% to N1.9bn from N2.8bn in the previous quarter.

  • Loss before tax stood at N327m.

  • Loss after tax stood at N331m.

  • Net Assets also stood at -N11.5bn.

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.


Visit African Alliance Insurance Plc IR Page in Proshare MARKETS

Proshare Nigeria Pvt. Ltd.


Related News

1.       AFRINSURE Announces Approval for Extension of Filing Its 2019 Audited and Q1 202...

2.      AFRINSURE Notifies of Board Meeting Date And Commencement of Closed Period for 2...

3.      AFRINSURE Declares N6.8bn Loss in Q4 Unaudited 2019 Result SP N0.20k ...

4.      AFRINSURE Notifies of 50th Annual General Meeting

5.      AFRINSURE Declares N1.87 bn Loss in Q3 2019 Results,(SP:N0.20k)

6.      AFRINSURE Notifies of Board meeting

7.      AFRINSURE Grows Gross Premium By 66% in Q1 2019 Results,(SP:N0.20k)

8.     AFRINSURE Declares N2.697 bln Loss in Q4 2018 Result,(SP:N0.20k)

9.      AFRINSURE Announces the Appointment of Two New Non-Executive Directors

READ MORE:
Related News
SCROLL TO TOP