Custodian Investment Plc released its full-year results for the year ended December 2020.
- Gross revenue during the year was N75.06 billion. (+22.2% YoY).
- Total claims paid during the year was N14.3 billion. (+45.8% YoY).
- Profit Before Tax for the year was N13.67 billion. (+69.6% YoY)
- Profit for the year was N12.69 billion. (+111% YoY).
- Earnings per share 196 kobo vs 97 kobo . (+102.1% YoY).
- A dividend of 45 kobo was proposed.
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The result did not mention dividend or bonus, and what is their status as regards to on going recapitalization in the insurance industry
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