UNITYKAP Records N60.91m PAT in Q2 2019 Results,(SP:N0.23k)


Monday, July 29, 2019 / 3:32PM / NSE 

Veritas Kapital Assurance Plc (formerly Unity Kapital Assurance Plc) released its Q2 Unaudited Results for the Period ended June 30, 2019.


Key Highlights

Gross Premium declined by -16.2% to N1.78bn from N2.13bn in the previous year.

Profit Before Tax grew by 73.6% to N162.52m from N93.62m recorded in the previous year.

Profit After Tax also declined by 7.1% to N60.91m.

Net Assets however grew by 0.8% to N7.84bn from N7.78bn as at 31st December, 2018.

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