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Stock Watch:
Business > Capital Market
GNI, FCMB, Royal Exchange release Q2 forecasts
By Staff Reporter
April 21, 2012 16:44:17pm GMT
Nigerian Stock Exchange

WorldStage Newsonline-- Great Nigeria Insurance Plc, FCMB, Royal Exchange Insurance are among the quoted firms that released their profit forecasts for the second quarter 2012, on the floor of the Nigerian Stock Exchange this week.

GREAT NIGERIA INSURACE PLC

Earnings Forecast for the half year ending June 30, 2012 shows- Earned Premium N1.708b. Profit after Tax N136.871m.

CUTIX PLC

Earnings Forecast for the first quarter year ending March 31, 2012 shows- Revenue N446m. Profit after Tax N26.971m.

First City Monument Bank PLC

Earnings Forecast for the half year ending June 30, 2012 shows- Gross Premium N26.283b. Profit after Tax N3.650b.

FTN COCOA PROCESSSING PLC

Earnings Forecast for the half year ending June 30, 2012 shows- Turnover N616.574m. Profit before Tax N34.021m.

ROYAL EXCHANGE PLC

Earnings Forecast for the half year ending June 30, 2012 shows- Gross Premium N4.580m. Profit after Tax N511, 749.

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