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For the six months ended 30 June 2020, Law Union &Rock Insurance PLC revenues decreased 5% to NGN1.97B. Netincome applicable to common stockholders increased 81% toNGN185.8M. Revenues reflect Investment income decrease of23% to NGN330.1M. Net income reflects Net realisedgain/loss on foreign exchan decrease from NGN2.9M (expense)to NGN38.8M (income). Basic Earnings per Share excludingExtraordinary Items increased from NGN0.02 to NGN0.04.
Period Ending: | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 |
---|---|---|---|---|
Total Revenue | 996.09 | 972.66 | 1473.02 | 1174.38 |
Gross Profit | ||||
Operating Income | 181 | 37.59 | 532.51 | 281.99 |
Net Income | 153.85 | 31.95 | 460.37 | 239.69 |
Period Ending: | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 |
---|---|---|---|---|
Total Assets | 13445.55 | 13361.69 | 12149.45 | 12431.54 |
Total Liabilities | 6118.94 | 6202.82 | 4994.73 | 5808.69 |
Total Equity | 7326.61 | 7158.88 | 7154.73 | 6622.85 |
Period Ending: | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | 645.33 | 176.61 | -58.34 | 508.64 |
Cash From Investing Activities | 1419.82 | 1461.04 | 1291.16 | -129.95 |
Cash From Financing Activities | 0 | 0 | -85.93 | -85.93 |
Net Change in Cash | 2065.15 | 1637.65 | 1146.89 | 292.76 |
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