NEM Declares N2.4bn PAT in 2019 Audited Result,(SP:N1.89k)


Tuesday, March 31, 2020 / 2:45 PM / by NSE / Header Image Credit: Nem Insurance

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

Key Highlights

  • Revenue grew by 31.3% to N19.8bn from N15bn in the previous quarter.

  • Profit before tax declined by 28.5% to N1.9bn.

  • Profit after tax grew by 17.6% to N2.4bn.

  • Net Assets grew by 13.5% to N14bn from N12bn.

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