MBENEFIT Declares N4.5bn PAT in Q4 2020 Results, (SP:N0.43k)

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WednesdayFebruary 17, 2021 / 02:34PM / NSE / Header Image Credit: The Guardian


Mutual Benefits Assurance Plc released its Q4 2020 Unaudited results for the period ended December 31st, 2020.


Key Highlights

  • Gross Premium grew by 8% to N20bn from N19bn in the previous quarter.

  • Profit before tax grew by 36% to N5bn.

  • Profit after tax grew by 26% to N4.5bn.

  • Net Assets grew by 67% from N14.5bn to N24.3bn.


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