CORNERST Declares N501.75m PAT in Q2 2019 Result,(SP:N0.20k)

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Wednesday, August 14, 2019   / 08:40 AM / NSE


Cornerstone Insurance Plc released its unaudited second quarter results for the period ended June 30, 2019.

 

Key Highlights

Gross Premium Written grew by +8.6% to N7.71bn from N7.10bn in the previous quarter.

Profit Before Tax grew by 147.9% to N557.51m.

Profit After Tax grew by 133.8% to N501.75m.

Net Assets also grew by 23% to N12.80bn from N10.41bn as at December 31, 2018.

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