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Nairametrics

UNIC INSURANCE POST 9 MONTHS PRE-TAX LOSS OF N51MILLION

Ugodre Obi-chukwu by Ugodre Obi-chukwu
February 9, 2013
in Uncategorized
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Unic Insurance released its 9 months to September 2012 unaudited accounts posting gross earnings of N616m compared to N882m same period last year. Net Premium was N206million more than 50% drop from the N425million posted a year earlier. The company will then go on to post a pre-tax loss of N51million for the period under review. The company had a cash balance of N73million at the end of the period. Share price has remained flat at 50kobo over the last one year.

UNIC INSURANCE PLC Q3 UNAUDITED RESULTS DECEMBER 2012

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Tags: COMPANY RESULTSDeepdiveEARNINGS REPORTFinancial ServicesNigerian Company ResultsSTOCKS
Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

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