Guinea Ins. Plc garners N387mn Gross Earnings in Q1, 2019

Life and Pension, Special Risks and General Insurance Company hits the market with its first quarter financial report on 24th of September, 2019 which revealed the company’s topline figures of N387.972mn recorded in Q1’2019 appreciated by 37.78%, above N281.589mn in the Q1’18.

The Company’s (PAT) Profit After Tax grew by 3550%, to arrive at N46.9mn of the period under review from N1.2mn reported in Q1’18.

The company earnings per share also advanced by over 3000%

The Insurance Company’s PE Ratio is currently at 9.33x with an earnings yield of 10.72%.

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