Sunu Assurances Nigeria Plc reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net loss was NGN 198.26 million compared to net income of NGN 223.7 million a year ago. Basic loss per share from continuing operations was NGN 0.0345 compared to basic earnings per share from continuing operations of NGN 0.0498 a year ago. Diluted loss per share from continuing operations was NGN 0.0345 compared to diluted earnings per share from continuing operations of NGN 0.0498 a year ago.
For the nine months, net income was NGN 1,922.79 million compared to NGN 325.72 million a year ago. Basic earnings per share from continuing operations was NGN 0.3309 compared to NGN 0.0561 a year ago. Diluted earnings per share from continuing operations was NGN 0.3309 compared to NGN 0.0561 a year ago.