Bisi Bamishe
Consolidated Hallmark Insurance Plc (CHI) is expecting its gross premium to rise to N7.920 billion in Q3 2021, from N3.850 billion projected for Q1 2021
The company ‘s earnings forecast for the third quarter 2021 released to the Nigerian Exchange (NGX) showed that CHI projected profit after tax of N515.744 million, representing 82.41% increase over N282.734 million forecasted for first quarter 2021.
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CHI also projected that cash/bank balance at the end of the period will grow to N4.694 billion from N2.747 billion in Q1 2021.
