SOVRENINS Declares N480.49 million PAT in Q2''19 Results,(SP:N0.20k)

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Tuesday, August 06 2019  3:38PM / NSE


Sovereign Trust Insurance Plc released its unaudited second quarter results for the period ended June 30, 2019.

 

Key Highlights

Gross Premium Written grew by +1.99% to N7.25bn from N7.13bn in the previous quarter.

PBT declined by 38.67% to N536.83m

PAT declined by 39.99% to N480.49m.

Net Assets also grew by 7.6% to N6.30bn from N5.80bn as at 30th December, 2018.

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