AIICO Declares N1.03bln PAT in Q1 2019 Results,(SP:N0.75k)

Proshare

 Thursday, May 2, 2019 / 09:46 AM / NSE


AIICO Insurance Plc releases its unaudited first quarter results for the period ended March 31, 2019.

 

Key Highlights

Revenue grew by +33.2% to N14.32bln from N10.75bln it recorded in Q1 2018.

PBT therefore grew by 20.0% to N1.17bln

PAT also grew by 27.4% to N1.03bln from N805.87mln recorded in Q1 2018

Furthermore, Net Assets grew by 9.3% to N16.69bln from N15.27bln it recorded as at 31st December, 2018.


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