MBENEFIT Declares N2.55bn PAT in Q3 2019 Results,(SP:N0.20k)


Friday, November 01, 2019  /12:02 PM / By NSE / Header Image Credit: Mutual Benefits Assurance

Mutual Benefits Assurance Plc released its Unaudited third quarter results for the period ended September 30, 2019.


Key Highlights 

  • Gross Premium written grew by +14.08% to N13.56bn from N11.89bn in the previous quarter.
  • Profit Before Tax grew by 184.44% to N3.07bn.
  • Profit After Tax grew by 283.93% to N2.55bn.
  • Net Assets also grew by 44.1% to N13.13bn from N9.11bn as at December 31, 2018.

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