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