The result of Guinea Insurance Plc for the period ended 30th June 2019 which was released to the market on Tuesday, 24th of September, 2019 showed a revenue growth of about 9.00% from N688.9 million in 2018 to N756.1 million in this review period.
Profit after tax dropped significantly by 851%, closing at N538.2 million deficit from the previous deficit close of N56.5 million in the corresponding period of 2018
The earnings per share for the period under review stood at minus 25kobo, from the previous EPS of minus 3kobo in 2018.
With the reference price of N0.20, the P.E ratio of Guinea Insurance is at -0.81x with the earnings yield of -122.8%.