Insurance World

Custodian Investment Projects Gross Revenue Growth Of N60.817 In Q3 2021

BY NKECHI NAECHE-ESEZOBOR–Custodian Investment Plc, has projected a profit after tax growth of 2.56% to N5.624 billion as against N5.484 billion achieved in Q3 2020.

The company disclosed this when it released its earnings forecast for the third quarter 2021 on the floor of Nigerian Exchange (NGX) that gross revenue will rise to N60.817 billion from N53.052 billion in Q3 2020.

The statement added that cash and cash equivalents at the end will come down from N6.839 billion in Q1 2021 to N5.148 billion in Q3.

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