WAPIC Declares N351mln PAT in 2018 Audited Result,(SP:N0.37k)

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Friday, May 03 2019  05:35 PM / NSE



‘Wapic Insurance Plc released its Audited 2018 results for the year ended December 31, 2018’. 


Key Highlights

Gross Premium Written grew by +41.64% to N13.89bln from N9.80bln in the previous quarter.

PBT declined by 88.46% to N187mln

PAT declined by 77.06% to N351mln

Net Assets also declined by 4.7% to N17.11bln from N17.95bln as at 31st December, 2018.


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Graph – One Year Share Price Movement


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