Coronation Insurance Plc in the First Quarter of 2022 recorded significant growth in its figures when compared to the report in corresponding period the previous year.
A turnover of N7.61 billion was reported for the 3 months period, up by 45.55% from N5.23 billion reported the previous year.
Profit after tax grew year on year by 26.71% N810 million from N639 million reported in Q1 2021.
Earnings per share of the underwriting firm stands at 3 kobo. At the share price of 45 kobo, the P/E ratio of Coronation Insurance stands at 13.33x with earnings yield of 7.50%.