Royal Exchange projects N570.9m profit for Q2 2021
By Ngozi Onyeakusi—–Royal Exchange Plc has released its earnings forecast for the second quarter (Q2) ending 30 Jun 2021 to the Nigerian Stock Exchange (NSE) with gross written premium of N12.716 billion and profit after tax of N570.917 million.
The earnings forecast signed by was made with assumptions that the Inflation rate at 14% as the worst case scenario; and exchange rate of N400 to a dollar.
SUPERNEWS earlier reported Royal Exchange earnings forecast for the fourth quarter (4Q) ending 31st December 2020 to the Nigerian Stock Exchange (NSE) with gross written premium of N2.366 billion and profit after tax of N732 million.
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