Nigeria Business & Finance Updates

AIICO Insurance Plc, Financial Results

Financial Results – AIICO Insurance Plc
Third Quarter Ended 30th September, 2018
2018
N (Millions)
2017
N (Millions)
Percentage Difference
Gross Earnings 8,870.22 9,665.12 -8%
Profit Before Tax (46.20) 1,630.27 -103%
Tax (64.19) (194.83)
Profit After Tax (110.39) 1,435.44 -108%
First Quarter Ended 31st March, 2018
2018
N’000
2017
N’000
Percentage Difference
Gross Earnings 10,751.777,092.62 52%
Profit Before Tax 970.99673.04 44%
Tax (165.11) (125.90)
Profit After Tax 805.87547.14 47%
Third Quarter Ended 30th September, 2017
2017
N’000
2016
N’000
Percentage Difference
Gross Earnings 17,265.55 19,232.94 -10%
Profit Before Tax 2,769.70 4,818.85 -43%
Tax (345.96) (1,775.63)
Profit After Tax 2,423.73 3,043.23 -20%
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