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Home Markets Equities Company Results

2021 Half Year Results: CHI Plc grows profit by 48% to N436.5 million.

Chidi Emenike by Chidi Emenike
August 1, 2021
in Company Results, Markets
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Consolidated Hallmark Insurance Plc released its unaudited financial results for the period ended June 30, 2021.

  • Gross premium written for the period was N6.09 billion. (+14.1% YoY)
  • Net premium income of N3.3 billion. (+13.45% YoY)
  • Claims incurred totalled N1.03 billion. (+3.6% YoY)
  • An underwriting profit of N1.28 billion was recorded. (+15.6% YoY)
  • Profit after tax for the period was N436.5 million. (+47.7% YoY)
  • Earnings per share of 5.37kobo Vs 3.34 kobo YoY

See link to results.

Tags: Company Financial ResultsConsolidated Hallmark Insurance 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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