Regency Assurance reports N4.18bn turnover in HY 2021

Regency Assurance Plc recently published its Second Quarter report on the website of the Nigeria Exchange Group.

The underwriting firm for the period end 30 June 2021 reported Gross Premium Written of N4.184 billion, up by 3.16% from N4.056 billion reported the previous year.

Profit after tax of N544.836 million was declared for the six months period, marginally down by 1.02% from N550.463 million declared the previous year.

The earnings per share of the company is 8 kobo, same as the previous year.

At the share price of 45 kobo, the P.E ratio of Regency Assurance stands at 5.51x with earnings yield of 18.16%.

Leave a Reply

Your email address will not be published. Required fields are marked *