Consolidated Hallmark Insurance Plc reports N441.9m as profit in Q1 2022

Consolidated Hallmark Insurance Plc recently published its First Quarter report for the 3 months ended 31 March 2022.

The underwriting firm reported Gross Premium Written of N4.015 billion for the 3 months period, up by 14.08% from N3.52 billion reported the previous year.

Profit after tax grew year on year by 51.62% to N441.91 million from N291.45 million reported in Q1 2021.

Earnings per share of the underwriting firm stands at 4 kobo. At the share price of 59 kobo, the P/E ratio of Consolidated Hallmark Insurance stands at 14.29x with earnings yield of 7%.

Source: Consolidated Hallmark Insurance Plc reports N441.9m as profit in Q1 2022 – StocksWatch (stocksng.com)

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