By InvestAdvocate

Lagos (INVESTADVOCATE)-UACN of Nigeria Plc Wednesday made a forecast of N4.611 billion Profit After Tax (PAT) in its Third Quarter (Q3) Earnings for the Period September 30 2012.

This is contained in the Firm’s Earnings Forecast to the Nigerian Stock Exchange (NSE) and made available to www.investadvocateng.com.

The Company also made a Forecast of N6.586 billion Profit Before Tax (PBT) and a Turnover of N48.313 billion in the Forecast Period of September 30 2012.

Similarly, Cement Company of Northern Nigeria (CCNN) in its forecast for the Period Q3 ending September 30 2012 said it expects to make a PAT of N402.165 million and a PBT of N591.419 million, while Turnover is projected to be N3.683 billion.

In the same vein, Insurance Company Custodian & Allied Insurance Plc has made a forecast of N1.345 billion Profit After Tax for its Q3 September 30 2012.

While it expects to earn N1.547 billion in PBT in the same forecast period and a Gross Premium of N8.540 billion.

Also, Reinsurance Firm, Continental Reinsurance Plc in its Unaudited Result for the Period Ended March 30 2012 posted a Gross Premium of N2.618 billion compared to N2.086 billion earned in the Q1 of 2011; indicating an increase of 25.50 percent (25.50%).

While the Company recorded N453.687 million in the Q1 of 2012 compared to N336.199 million made in the same period of year 2011; showing a growth of 34.94% in the review period.

Profit Before Tax was N567.109 million in the First Quarter of year 2012 compared to N420.249 million in the same period of 2011.