NIGERINS Declares N1.7bn Loss in 2019 Q4 Unaudited Results,(SP:N0.2k)


Tuesday, February 04, 2020 01:35 PM / By NSE / Header Image Credit:  Niger Insurance Plc 

Niger Insurance Plc released its Q4 Unaudited 2019 results for the period ended December 31st, 2019.

Key Highlights

Revenue declined by 58.7% to N1.8bn from N4.5bn in the previous quarter.

Loss before tax stood at N1.6bn.

Loss after tax stood at N1.7bn.

Net Assets also grew by 4.2% to N8.6bn from N8.2bn.

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