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Nairametrics
Home Business News

Guinea Insurance releases Q1 2018 result posts 4% revenue increase

Fikayo Owoeye by Fikayo Owoeye
April 18, 2018
in Business News, Company News
Guinea Insurance appoints Babatunde Oshadiya as Managing Director.
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Guinea Insurance Plc has released its Q1 2018 financial results.

Here are the highlights

Revenue:

Q1 2017: ₦270.9 million

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Q1 2018: ₦281.6 million

%Change: 4%

Profit before tax:

Q1 2017: -₦31.6 million

Q1 2018: ₦1.9 million

%change:-106%

Liability:

Q1 2017: ₦1.06 billion

Q1 2018: ₦913 million

%change: 14%

Here is a copy of the result


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Tags: Guinea Insurance PlcQ1 2018 financial result
Fikayo Owoeye

Fikayo Owoeye

Fikayo has a degree in computer science with economics from Obafemi Awolowo University. ITIL v3 in IT service management. An alumnus of Daystar Leadership Academy. Prior to joining Nairametrics had stinct in Project management, Telecommunications among others. Also training in Consulting and Investment banking from Edubridge Academy. He has very keen interest in Politics, Agri-business, private equity and global economics. He loves travelling and watching football. You can contact him via fikayo.owoeye@nairametrics.com

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