NEM Insurance PLC’s revenue for half year ended 30th June 2018 rose by 12% from N8.11bn to about N9.15bn according to its recently released unaudited report on the floor of the Nigerian Stocks Exchange.
The profit after tax also soared by 20% appreciating from the previous N1.2 billion to N1.5 billion in the review period.
Earnings per share likewise grew by 21% from about 24kobo to 29kobo as computed.
PE Ratio is at 10.7x with an earnings yield of 9%.