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Nairametrics
Home Markets Equities Company Results

 Mutual Benefits Assurance Plc reports loss after tax of N1.97 billion in Q1 2021.

Chidi Emenike by Chidi Emenike
June 17, 2021
in Company Results, Markets
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Mutual Benefits Assurance Plc released its unaudited interim results for the first quarter of the year (Q1, 2021).

  • Net premium income was N5.45 billion. (+27.1% YoY)
  • Net benefits and claims of N1.35 billion. (+70.5% YoY)
  • Underwriting profit was N3.17 billion. (+23.9% YoY)
  • Loss after tax was N1.97 billion. (-312% YoY)
  • Loss per share of 19 kobo. (-311% YoY).
  • Total shareholders fund for the period was N21.4 billion

See link to results.

Tags: Company Financial ResultsMutual Benefits Assurance Plc
Chidi Emenike

Chidi Emenike

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

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