Continental Reinsurance PLC Q1 Results Show Impressive Growth
Unaudited 1st Quarter Results to March 31, 2008
| Sector: |
Insurance |
| Year End: |
31st December |
Continental Re, a leading reinsurance company in Nigeria, has released its first quarter results for the 2008 financial year. The Q1 results to March 31, 2008 showed an impressive growth in gross premium income as well as profit before and after tax.
That results, like a few others recently released by insurance sector companies, would seem to give credence to the growth expectations that have driven heavy demand for insurance sector stocks over the recent months.
Here are the numbers: .
| |
Year 2008 Q1
Naira Million |
Year 2007 Q1
Naira Million |
Change % |
| Turnover |
830.00 |
487.00 |
|
| Profit Before Tax |
787.00 |
195.00 |
|
| Tax |
(197.00) |
(49.00) |
|
| Profit After Tax |
590.00 |
146.00 |
|
NSE Closing Figures
More Business Reports...
Visit Our Business Events Board»
Post Your Business Event on Our Board»
|