Profit for NPF Pension Fund Managers Reaches Five-Year High.

0 228

The rise in the return on equity, which is a sign that the Fund is managing investors’ money successfully, has led to NPF Pension Managers’ Limited’s profit reaching a five-year high. On a year-to-date return (YTD) basis, the Fund ranks eighth in the Fund 2 categories.

The net income of NPF Pension Managers climbed to N1.43 billion for the year that ended in December 2021, up 7. 05 percent from N1.33 billion in 2020 and N1.22 billion in 2019.

As the return on equity (ROE) climbed to 18.10 percent in 2021 from 16. 70 percent the previous year, the fund management is able to use shareholders’ resources to generate bigger profit.

The pre-tax margin decreased to 27.10 percent in the reviewed period from 31.70 percent in the preceding year, while the net profit margin for NPF Pension Funds decreased to 18.90 percent from 19.90 percent in December 2021. NPF Pensions Fund, which has a year-to-date performance of 5. 50 percent from January to July, is the eighth-best performing company in the Fund 2 category.


Leave A Reply