ROYALEX Declares N420m PAT in Q2 2020 Results, (SP:N0.24k)


Thursday, August 27, 2020 / 9:23 PM / NSE / Header Image Credit: Royal Exchange

Royal Exchange Plc released its Q2 2020 Unaudited results for the period ended June 30th, 2020.

Key Highlights

  • Gross Premium grew by 9.9% to N11.3bn from N10.3bn in the previous quarter.

  • Profit before tax stood at N618m.

  • Profit after tax stood at N420m.

  • Net Assets grew by 84.8% from N4.3bn to N8bn.

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