Quote of ROYAL EXCHANGE PLC. (ROYALEX)
 
LClose 0.20 Price 0.20
Change 0.00 (0.00%) Low 0.00
High 0.00 EPS 0.10
PE 5.89 Shares Outs. 0
52WkHigh 0.39 52WkLow 0.20
50d Mov Avg 0.20 200d Mov Avg 0.22
AvgDlyVol 93,278.63 3MthChg -0.02 (-9.09%)
6MthChg -0.02 (-9.09%) 12MthChg 0.00 (0.00%)
Div. Yield 25 Risk Factor 0.005640684
Sector Other Financial Institutions
Company Profile
Royal Exchange Plc provides general and health insurance, life assurance, asset management, credit financing, and microfinance banking services in Nigeria and internationally. The company operates through Non-Life Insurance, Life Insurance, Financial Services, Healthcare, and Asset Management segments. It provides general insurance products, which include money guard, burglary protection, fire protection, transit plan, building liability, motor guard, workmen’s plan, personal care, group care, group life assurance, home secure, aviation, marine, engineering, oil and gas, bonds, in-house protection, and professional indemnity insurance. The company also provides heritage, family support, personal, tuition, investment, annuity, educational endowment, and endowment plan products; mortgage protection, term, and Keyman assurance that covers death and permanent disability of a key person in an organization; insurance and savings accounts; and funeral policy that covers the funeral expenses of the insured. In addition, it provides reserve investment accounts, investment notes, high yield investment papers, and vehicle and asset acquisition scheme services; various credit products comprising finance and customer leasing, short-term and trade finance loans, and short –term project and LPO financing services, as well as various healthcare insurance services. The company primarily serves individuals, small and medium sized businesses, commercial enterprises, multinational corporations, public and disbursing credits, micro-entrepreneurs, informal sectors, and farmers. Royal Exchange Plc was founded in 1918 and is headquartered in Lagos, Nigeria.

Website:	www.royalexchangeplc.com
Founded in:	1918

Statement of Comprehensive Income as at
31-Mar-2016

Name Amount
Gross Premium 12,517,381.00
Profit before tax -743,838.00
Taxation -236,414.00
Profit after tax -980,252.00
Transfer to revenue reserve -980,252.00
Profit attributable to:
owners of the company -980,252.00
Non-controlling interest
Earnings per 50k share -19.00
Net assets per 50k share 1.00
Name Title
Kenneth Odogwu Chairman of the Board
Philip Ashinze Group Head - Finance and Accounts
Wale Banmore Managing Director - Royal Exchange Prudential Life Plc.
Richard Borokini Managing Director - Royal Exchange General Insurance Company Limit
Elizabeth Elghoche Managing Director - Royal Exchange Microfinance Bank
Chiedu Ofulue Managing Director - Royal Exchange Healthcare
Abiola Sanni Managing Director - Royal Exchange Asset Management
Ejike Osisioma Group Head - Information Technology
Sheila Ezeuko Group Head - Legal Services, Company Secretary, Director
Chike Mokwunye Group Managing Director, Director
Auwalu Muktari Executive Director, Marketing
Donald Nosiri Group Head - Human Resources