GUINEAINS Declares N12.6m PAT in Q1 2020 Results, (SP:N0.20k)


Wednesday, June 24, 2020 / 11:38 AM / NSE / Header Image Credit: Guinea Insurance

Guinea Insurance Plc released its Q1 2020 Unaudited results for the period ended March 31st, 2020.

Key Highlights

  • Gross Premium declined by -46.6% to N207m from N388m in the previous quarter.

  • Profit before tax declined by 75% to N12.6m.

  • Profit after tax declined by 73% to N12.6m.

  • Net Assets grew by 0.3% from N2.28bn to N2.2bn.

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