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PRESTIGE Declares N431m PAT in 2019 Audited Result,(SP:N0.55k)

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Simonson Harry

Well-Known Member
Apr 21, 2020
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Prestige-Assurance plc released its 2019 Audited results for the period ended December 31st, 2019.



Key Highlights

  • Gross Premium grew by 27.9% to N6bn from N4.8bn in the previous quarter.
  • Profit before tax declined by 21.5% to N507m.
  • Profit after tax grew by 1.9% to N432m.
  • Net Assets also grew by 4.3% to N8.4bn from N8.1bn.