CORNERST Declares N1.00bn PAT in Q2 2020 Result, (SP:N0.55k)


Wednesday, August 05, 2020 / 3:28 PM / by NSE / Header Image Credit:  Cornerstone Insurance Plc

Cornerstone Insurance Plc released its Q2 2020 Unaudited results for the period ended June 30th, 2020.

Key Highlights

  • Gross Premium Written grew by +4.2% to N8.04bn from N7.71bn in the previous quarter.

  • Profit before tax grew by 147.9% to N1.10bn.

  • Profit after tax grew by 133.8% to N1.00bn.

  • Net Assets grew by 31.7% from N12.6bn to N16.59bn.

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