CUSTODYINS Declares N12.7bn PAT in 2020 Audited Result, Proposes N0.45k Final Dividend, (SP:N6.00k)

Monday, March 01, 2021  / 2:46 PM / by NSE / Header Image Credit: Custodian & Allied Insurance Plc

Custodian Investment Plc released its 2020 Audited results for the period ended December 31st, 2020.

Key Highlights

• Revenue grew by 22% to N75bn from N61bn in the previous quarter.

• Profit before tax grew by 70% to N13.7bn.

• Profit after tax grew by 111% to N12.7bn.

• Net Assets declined by -36% from N45.6bn to N29.3bn.

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