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Home Markets Equities Company Results

Royal Exchange Plc posts Loss After Tax of N355.94 million for Q3 period ended 30th September, 2021

Chidinma Anyalewechi by Chidinma Anyalewechi
November 1, 2021
in Company Results, Markets
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Royal Exchange Plc released its unaudited financial results for the Q3 period ended 30th of September 2021.

  • Gross premium written during the period was N610.24 million. (-74.96% YoY)
  • Gross premium income for the period was N573.53 million (-85.07%)
  • Net premium income stood at N545.86 million. (-74.20% YoY)
  • Underwriting loss for the period was N224.18 million. (-257.83% YoY)
  • Loss before tax of N342.68 million was recorded during the period.
  • Loss for the period stood at N355.94 million (-344.48%)
  • Total assets during the period stood at N13.49 billion. (-18.88bn YtD)
  • Earnings per share of –7 kobo Vs 2 kobo YoY.

See full result here

Tags: Royal Exchange Plc
Chidinma Anyalewechi

Chidinma Anyalewechi

For further inquiries about this article, contact: Email: chidinma.anyalewechi@nairametrics.com LinkedIn: linkedin.com/in/chidinma-anyalewechi-a323ab173/

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