August 11, 2023.Thank you for reading this post, don't forget to subscribe!
Universal Insurance Plc on Thursday published its Second Quarter report for the period ended 30 June 2023.
The underwriting firm reported Gross Premium written of N5.201 billion for the 6 months period, up by 51% from N3.444 billion reported the previous year.
Profit after tax grew year on year by 19.16% to N948.178 million from N795.699 million reported the previous year.
Earnings per share of Universal Insurance stands at 6 kobo.
At the share price of 24 kobo, the P/E ratio of Universal Insurance stands at 4.05x with earnings yield of N24.69%.(www.naija247news.com).