ROYALEX Releases 2019 Audited and Q1 2020 Results; Declares N25m PAT in Q1, (SP:N0.24k)


Thursday, August 27, 2020 / 9:18 PM / NSE / Header Image Credit: Royal Exchange Plc

Royal Exchange Plc released its Q1 2020 Unaudited results for the period ended March 31st, 2020.

Key Highlights

  • Gross Premium grew by 10.9% to N6.2bn from N5.6bn in the previous quarter.

  • Profit before tax stood at N37m.

  • Profit after tax stood at N25m.

  • Net Assets declined by 0.4% from N7.62bn to N7.59bn.

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