UNIC INSURANCE POST 9 MONTHS PRE-TAX LOSS OF N51MILLION

Unic Insurance released its 9 months to September 2012 unaudited accounts posting gross earnings of N616m compared to N882m same period last year. Net Premium was N206million more than 50% drop from the N425million posted a year earlier. The company will then go on to post a pre-tax loss of N51million for the period under review. The company had a cash balance of N73million at the end of the period. Share price has remained flat at 50kobo over the last one year.

UNIC INSURANCE PLC Q3 UNAUDITED RESULTS DECEMBER 2012

[gview file=”https://cdn.nairametrics.com/wp-content/uploads/2013/02/UNIC-INSURANCE-PLC-Q3-UNAUDITED-RESULTS-DECEMBER-2012.pdf” save=”1″]