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Home Companies Company News

AGM Watch: PAL Pensions PAT Up 34.97% As Fund Assets Hit N87.14Billion

Ugodre Obi-chukwu by Ugodre Obi-chukwu
July 22, 2013
in Company News
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pal

Pension Fund Administrator, PAL Pensions Limited has grown its profit after tax (PAT) by 34.97 percent at the financial year ended December 31, 2012. 

The figure grew to N327.38 million in 2012 from N242.56 million in 2011, while the profit before tax also grew by 36.8 percent to close at N462.61 million as against N338.16 million in the previous year.

PAL Pensions PAT up 34.97% as fund assets hit N87.14bn

 

 

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Tags: News Review
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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