MBENEFIT Declares N2.4bn PAT in Q3 2020 Results, (SP:N0.22k)

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Tuesday, November 10, 2020 / 11:59 AM / by NSE / Header Image Credit: Mutual Benefits


Mutual Benefit Assurance Plc released its Q3 2020 Unaudited results for the period ended September 30th, 2020.


Key Highlights

  • Gross Premium grew by 7.7% to N14.8bn from N13.8bn in the previous quarter.

  • Profit before tax declined by 13% to N2.7bn.

  • Profit after tax declined by 6% to N2.4bn.

  • Net Assets grew by 33% from N14.5bn to N19.3bn.


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