WAPIC Declares N490.49m PAT in Q1 2019 Result,(SP:N0.37k)


Friday, May 03 2019  05:35 PM / NSE

Wapic Insurance Plc released its unaudited first quarter results for the period ended March 31, 2019.


Key Highlights

Gross Premium Written grew by +7.75% to N4.81bln from N4.66bln in the previous quarter.

PBT grew by 119.26% to N700.25mln

PAT grew by 110.28% to N490.48mln

Net Assets also grew by 2.7% to N17.57bln from N17.11bln as at 31st December, 2018.

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