AXA Mansard reports 31.19% increase in revenue, H1’18

AXA Mansard in its unaudited results for the half year ended 30 th June 2018 recorded a growth of 31.19% in its revenue, closing at N23.54billion from the previous close of N17.95 billion of the previous periods in 2017

The company’s profit after tax for the period under review was N1.54billion which is a 27.25% decline when compared to N2.12billion reported for the same period ended June 30, 2017.

The earnings per share of the company is 15 kobo for the period ended June 30, 2018 compared to 20 kobo reported for the period ended June2017. This represents a 27.25% decline for the comparative period in 2017.

With the share price of 2.55, the PE Ratio of AXA Mansard stands at 17x with earnings yield of 5.88%

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