Mutual Benefits Assurance Declares N5.1bn PAT in 2020 Audited Results,(SP:N0.46k)

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Thursday, June 17 2021  / 3:07 PM / by NGX / Header Image Credit: Mutual Benefits Assurance


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


Key Highlights

  • Gross Premium grew by 7% to N20bn from N19bn in the previous quarter.

  • Profit before tax grew by 34% to N5bn.

  • Profit after tax grew by 41% to N5.1bn.

  • Net Assets grew by 74% from N13.4bn to N23.4bn.


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