Focus on investment, digital optimisation lift PZL’s profit by 75% | The Guardian Nigeria News - Nigeria and World News

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Amid harsh operating environment, Prudential Zenith Life Insurance Limited (PZL) has recorded a Profit After Tax (PAT) of ₦1.13 billion against ₦646 million achieved in the corresponding period in 2020.

Specifically, the firm’s audited financial results for the year ended 31st December 2021 showed 75 per cent rise in PAT to ₦1.13 billion compared to the ₦646 million recorded in the corresponding period in 2020.

Furthermore, the company’s investment income grew by 30 per cent year-on-year due to a significant increase in the interest-generating assets of the company while the commission income also increased by 43 per cent during the period.

 

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