UNIVINSURE Declares N90.7m PAT in Q3 2019 Result,(SP:N0.20k)

Friday, November 01, 2019  /11:24 AM / By NSE / Header Image Credit: Brandspur

Universal Insurance Plc released its Q3 unaudited 2019 results for the period ended September 30th, 2019.

Key Highlights

Revenue grew by 90.6% to N1.5bn from N808.7m in the previous quarter.

Profit before tax grew by 14618.8% to N100.2m from 0.68m.

Profit after tax grew by 17412% to 90.7m from 0.52m.

Net Assets also grew by 0.5% to 9.54bn from 9.5bn as at September 30, 2018.

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