Veritas Kapital Assurance Plc reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net income was NGN 781 million compared to net loss of NGN 105.87 million a year ago. Basic earnings per share from continuing operations was NGN 0.11 compared to basic loss per share from continuing operations of NGN 0.02 a year ago.
For the nine months, net income was NGN 610.62 million compared to NGN 496.37 million a year ago. Basic earnings per share from continuing operations was NGN 0.09 compared to NGN 0.07 a year ago.