Consolidated Hallmark Insurance Plc grew profit by 133% in Q3 2023

Consolidated Hallmark Insurance Plc in its third quarter report for the period ended 30 September 2023 reported a turnover of N12.919 billion. This represents a growth 26.65% from the turnover of N10.2 billion reported the previous year.

Profit after tax grew year on year by 133.11% to N1.557 billion from N668 million reported the previous year.

Earnings per share of the underwriting firm stands at 15 kobo.

At the share price of N1.09, the P/E ratio of Consolidated Hallmark Insurance stands at 7.49x with earnings yield of 13.35%.

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