GUINEAINS Declares N142m Loss in Q3'20 Results, (SP:N0.20k)


Monday, October 26, 2020  / 12:41 PM / by NSE / Header Image Credit: Guinea Insurance

Guinea Insurance Plc released its Q3 2020 Unaudited results for the period ended September 30th, 2020.

Key Highlights

  • Gross Premium declined by -22.7% to N796m from N1bn in the previous quarter.

  • Loss before tax stood at N138m.

  • Loss after tax stood at N142m.

  • Net Assets declined by -8% from N2.3bn to N2.1bn.

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