CORNERST Declares N4.1bn PAT in 2019 Audited Result, (SP:N0.55k)


Thursday, May 28, 2020 / 2:47 PM / by NSE / Header Image Credit: Cornerstone Insurance 

Cornerstone Insurance Plc released its 2019 Audited results for the period ended December 31st, 2019.

Key Highlights

  • Revenue grew by 12.9% to N13.1bn from N11.6bn in the previous quarter.

  • Profit before tax grew by 22.2% to N4bn.

  • Profit after tax grew by 36.1% to N4.1bn.

  • Net Assets also grew by 42.9% to 14.9bn from N10.4bn.

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