[ROYALEX]>> COMPANY REPORT | InfoWARE Finance
[ROYALEX]>> COMPANY REPORT
(Source: NSE, Date: 28-Aug-2019)
ROYAL EXCHANGE PLC SUMMARY OF GROUP RESULTS FOR THE PERIOD ENDED 31ST DECEMBER 2018 2018 2017 Gross Written Premium 14,712,798 12,822,219 15% Underwriting Income 9,731,781 7,601,234 28% Claims Expenses (3,157,849) (3,427,804) 8% Underwriting Expenses (3,435,258) (2,596,788) (33%) Management Expenses (4,029,209) (3,095,526) (31%) Underwriting Profit 3,674,341 1,052,850 249% Net Income 4,356,080 2,413,399 81% Profit/(Loss) before Tax 326,871 (682,127) 148% Income Tax (483,047) (287,516) (68%) (Loss)/Profit after taxation (156,176) (969,643) 84% Total Comprehensive Income (132,590) (801,736) 84% Earnings per share for the year (3 Kobo) (19 kobo)
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