Guinea Insurance Plc has released its earnings forecast for the fourth quarter ending December 31, 2025, on NGX projecting a profit after tax of ₦2.21 billion.
According to the forecast, the insurance firm expects to generate ₦6.3 billion in insurance revenue, with service expenses amounting to ₦1.80 billion and net reinsurance expenses of ₦1.02 billion, leaving an insurance service result of ₦3.47 billion.
The company also anticipates ₦878.23 million in investment income and an additional ₦40 million in fair value gains on investment properties, bringing the net insurance and investment result to ₦4.39 billion. After deducting other operating expenses of ₦2.14 billion and income tax of ₦35 million, profit after tax is projected at ₦2.21 billion.
On cash flow performance, Guinea Insurance forecasts a net cash inflow of ₦2.22 billion from operating activities, mainly driven by premium income of ₦7 billion and reinsurance recoveries of ₦705 million. However, significant outflows are expected from reinsurance premiums, claims, and operating expenses.
Investing activities are projected to result in a net outflow of ₦1.63 billion, driven largely by the purchase of financial assets and property. Overall, the company expects a ₦583.94 million increase in cash and cash equivalents, closing the year with a balance of ₦1.90 billion.
The documents, signed by the Executive Director for Finance and Corporate Services and the Managing Director/CEO, signals confidence in Guinea Insurance Plc’s operational resilience and investment performance going into the final quarter of 2025.
Administrator and Writer
