VERITASKAP Declares 468m PAT in Q4 2020 Results, (SP:N0.21k)


Monday, February 08, 2021 / 10:03PM / By NSE / Header Image Credit: Veritas Kapital Assurance 

Veritas Kapital Assurance Plc released its Q4 2020 Unaudited results for the period ended December 31st, 2020.

Key Highlights

  • Gross Premium grew by 105% to N6bn from N3bn in the previous quarter.

  • Profit before tax grew by 114% to N543m.

  • Profit after tax grew by 279% to N468m.

  • Net Assets grew by 5.9% from N8bn to N8.4bn.

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