GUINEAINS Releases Q2'20 Results; Declares N100.30m Loss in Q2,2020 (SP:N0.20k)


Monday, August 10, 2020 / 9:58 AM / NSE / Header Image Credit: Guinea Insurance Plc

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

 Key Highlights

  • Gross Premium Written declined by -31.97% to N514.41m from N756.15m in the previous quarter.

  • Loss before tax stood at by N97.27m.

  • Loss after tax stood at N100.30m.

  • Net Assets declined by 6.5% from N2.27bn to N2.12bn.

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