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Nairametrics
Home Markets Equities Company Results

Prestige Assurance Plc grows half-year profit by 25% N776.5 million

Chidi Emenike by Chidi Emenike
July 28, 2021
in Company Results, Markets
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Prestige Assurance Plc released its unaudited financial results for the period ended 30th of June, 2021.

  • Gross premium for the period was N5.43 billion. (+38.9% YoY)
  • Net premium income of N2.6 billion. (+34.8% YoY)
  • Interest income was N371.3 million. (+59.4% YoY)
  • Underwriting expenses totalled N2.26 billion. (+51.4% YoY)
  • Profit for the period was N776.5 million. (+25.2% YoY)
  • Earnings per share of 5.86 kobo Vs 4.68 kobo YoY.
  • Total assets for the period stood at N19.42 billion. (+4.96% YoY)

See link to results.

Tags: Company Financial ResultsPrestige 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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