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