The First Half year financial report of Royal Exchange plc for the period ended June 30th 2020 reveals that the group topline figures rose by 9.85% closing at N11.288 billion from the previous close of N10.275 billion in 2019.
Profit After Tax (PAT), grew by 166.5% to settle at N420 million from the previous loss after tax of N631 million.
For the period under review, the EPS of the Insurance Company stands at N0.08 from the previous deficit of N0.12 reported in the preceding period of 2019.
At a stock price of N0.25, the company’s price to earnings ratio settles at
3.06x with 32.66% earnings yield as at the released date