GUINEAINS Declares N795m Loss in 2019 Audited Results, (SP:N0.20k)


Monday, June 22, 2020 / 12:21 PM / by NSE / Header Image Credit: Guinea Insurance

Guinea Insurance Plc released its 2019 Audited results for the period ended December 31st, 2020.

Key Highlights

  • Gross Premium grew by 4% to N1.3bn from N1.2bn in the previous quarter.

  • Loss before tax stood at N787m.

  • Loss after tax stood at N795m.

  • Net Assets declined by -26.8% from N3.1bn to N2.3bn.

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