SOVRENINS Declares N371m PAT in Q4 Unaudited 2019 Results,(SP:N0.22k)


Thursday, February 13, 2020  / 11:00AM /  NSE / Header Image Credit: Sovereign Trust Insurance Plc

Sovereign Trust Insurance Plc released its Q4 Unaudited 2019 results for the period ended December 31st, 2019.

Key Highlights

Revenue grew by 3.48% to N10.9bn from N10.5bn in the previous quarter.

Profit before tax declined by 23.28% to N414.7m.

Profit after tax grew by 7.82% to N371.2m.

Net Assets also grew by 33.11% to N7.7bn from N5.8bn.

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