International Energy Insurance Plc declares N163m as profit for Q1 2021

International Energy Insurance Plc has released its long overdue First Quarter report for the period ended 31 March 2021.
Gross written premium of N167 million was reported for the 3 months period, up by 3.10% from N162 million.
Profit after tax improved significantly to N163.995 million from a loss after tax of N8 million reported the previous year.
Earnings per share of the Company for the period under review stands at 13 kobo from the negative EPS of 1 kobo achieved in Q1 2020.
At the share price of 38 kobo, the P/E ratio of International Energy Insurance stands at 2.98x with earnings yield of 33.61%.

Source: International Energy Insurance Plc declares N163m as profit for Q1 2021 – StocksWatch (stocksng.com)

Your Comment:

Related Posts

30

Oct
Market Update

Stock market sheds N693bn, down by 0.70%

It was a bearish session on the floor of the Nigerian stock market on Wednesday as investors’ wealth dropped by N693 billion. The All Share Index was down by 0.70% to close at 154,260.98 points from the previous close of 155,353.20 points. The Market Capitalisation declined by 0.70% to close at N97.914 trillion from the previous close […]

Read Article

29

Oct
Business & Economy

GTCO reports N699.64bn profit in Q3 2025

Guaranty Trust Holding Company Plc (GTCO) has released its unaudited financial results for the nine-month period ended September 30, 2025. The Group reported Gross Earnings of ₦1.642 trillion, representing a decline of 8.71% compared to ₦1.798 trillion recorded in the corresponding period of 2024. Profit After Tax (PAT) stood at ₦696.4 billion, down 35.52% from ₦1.085 trillion[…]

Read Article