Veritas Kapital Assurance Plc reports N23.69bn turnover in Q4 2024

Veritas Kapital Assurance Plc recently published its Unaudited Final Statements for the year ended 31 December 2024.

The Company reported turnover of N23.693 billion for the 12 months period, up by 224.64% from N7.298 billion reported the previous year.

Profit after tax of N73.412 million was reported for the 12 months period, down by 97.33% from N2.75 billion reported the previous year.

Earnings per share of the Company stands at 1 kobo.

At the share price of N1.19, the P/E ratio of Veritas Kapital stands at 224.78x with earnings yield of 0.44%.

One thought on “Veritas Kapital Assurance Plc reports N23.69bn turnover in Q4 2024

  1. This company performance is not good, investors should look away from this equity because of the level of losses.
    Earnings per share at 1 kibo and P/E ratio at 224.48 is nothing but a right off.
    Currently the Nigerian stock exchange moving in to the earnings
    season so investors keep attention on stock with good earnings.

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