STACO Declares N375m Loss in Q1 2018 Results, (SP:N0.48k)


Saturday, August 15, / 7:16 AM / by NSE / Header Image Credit: Staco Insurance

Staco Insurance Plc released its Q1 2018 Unaudited results for the period ended March 31st, 2018.

Key Highlights

  • Gross Premium declined by -7.5% to N1.8bn from N1.9bn in the previous quarter.

  • Loss before tax stood at N360m.

  • Loss after tax stood at N375m.

  • Net Assets also stood at N111m.

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