NEM Declares N1.11bn PAT in Q3 2020 Result, (SP:N2.23k)

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Thursday, November 5, 2020 / 5:47 AM / By NSE / Header Image Credit: NEM Insurance 


NEM Insurance Plc released its Q3 2020 Unaudited results for the period ended September 30th, 2020.


Key Highlights

  • Gross Premium Written grew by 14.41% to N18.76bn from N16.40bn in the previous quarter.

  • Profit before tax declined by 45.30% to N1.32bn.

  • Profit after tax declined by 45.29% to N1.11bn.

  • Net Assets grew by 2.30% from N14.08bn to N14.40bn.


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