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Guinea Insurance releases Q1 2018 result posts 4% revenue increase

Guinea Insurance Plc has released its Q1 2018 financial results.

Here are the highlights

Revenue:

Q1 2017: ₦270.9 million

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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