CORNERST Declares N925m PAT in Q3 2020 Result, (SP:N0.60k)

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Tuesday, November 11, 2020 / 2:08 PM / by NSE / Header Image Credit: Cornerstone Insurance


Cornerstone Insurance Plc released its Q3 2020 Unaudited results for the period ended September 30th, 2020.


Key Highlights

  • Gross Premium grew by 17% to N12.7bn from N10.8bn in the previous quarter.

  • Profit before tax declined by 67.8% to N1bn.

  • Profit after tax declined by 67.2% to N925m.

  • Net Assets grew by 12.6% from N14.6bn to N16.5bn.

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