Mutual Benefits Assurance Plc has grown its Q1 Turnover in 2019 to N5.726bn which is about 21% better than N4.749bn reported in same period 2018.
The company’s profit after tax (PAT) for the period under review stood at N889.7mn which is 32.46% above the N671.6mn reported last same period.
The shareholders’ earnings per share of N0.08 for the period under review when compared with N0.06 reported for the comparative period of 2018. This represents 32.46% growth for the corresponding period.
As at when computed at a price of N0.21, the insurance company’s PE Ratio stood at 2.64x with about 38% earnings yield.