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Home Markets Equities Company Results

Royal Exchange Plc projects profit after tax of N70.16 million in Q4 2021.

Chidi Emenike by Chidi Emenike
September 10, 2021
in Company Results, Markets
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Royal Exchange Plc released its earnings forecasts for the fourth quarter of the year (Q4, 2021).

  • Net premium is projected to hit N368.5 million.
  • Total underwriting expenses projection of N348.7 million.
  • Net operating income is projected at N389.6 million.
  • Profit before tax is projected at N103.17 million
  • Tax is projected at N33.01 million
  • Profit after tax is projected at N70.16 million.

See link to results.

Tags: Royal Exchange 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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