ROYALEX Releases Q4 2019 Results; Declares N215.3m Loss in Q4,(SP:N0.33k)

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Monday, January 27, 2020 /1:35 PM /  By NSE / Header Image Credit: Royal Exchange


Royal Exchange Plc released its Q1 2020 results for the period ended December 31st, 2019.


Key Highlights

Gross Premium Written declined by -3.48% to N14.2bn from N14.7bn in the previous quarter.


Loss before tax stood at N158.2m.


Loss after tax stood at N215.3m.


Net Assets also declined by -4.2% to N4.9bn from N5.1bn.


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