AGM Watch: ARM Pensions Profit After Tax Rises By 78.4%

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The Managing Director of ARM Pension Managers Limited, Mr. Sadiq Mohammed, has said the Pension Fund Administrator (PFA) recorded 33 per cent growth in revenue and 78.4 per cent improvement in profit after tax, for the year ended February 28, 2013.

He confirmed this in an interview with THISDAY at the 2013 Annual General Meeting (AGM) of the company in Lagos recently. According to him, the fund manager raked in N3.02 billion in the last financial year; a 33 per cent improvement on the N2.27 billion recorded in the previous year.

ARM Pensions Profit after Tax Rises by 78.4%