AXA Mansard Insurance Plc (NGX: MANSARD) has posted its earnings forecast for the 1st quarter 2023, projecting a Project After Tax (PAT) of N673.11mn.
Also read; CBN may ‘tweak’ new cash withdrawal limits – Emefiele
In the first quarter of 2022, MANSARD reported a PAT of N386.28mn. The Insurer is therefore projecting a 74.25% growth in it’s Profit After Tax.
MANSARD has 9,000,000,000 outstanding shares and a market capitalization of N17.91mn.
From the forecast given, the Insurer will record an Earnings Per Share of 7.5kobo.
It’s share price at the end of trading on Friday is N1.99. The 52 week high price is N2.67 while the 52 week low price is N1.50.
Nnamdi Maduakor is a Writer, Investor and Entrepreneur