Africa Prudential reports N1.99bn as turnover, PAT rises by 13.07% in Q2 2022

Africa Prudential on Thursday published its Second Quarter report for the period ended 30, June, 2022.

The company reported Gross Earnings of N1.99 billion for the 6 months period, up by 19.29% from N1.67 billion reported the previous year.

Profit after tax grew by 13.07% to N935.78 million from N827.64 million reported the previous year.

Earnings per share increased to 47 kobo from the EPS of 41 kobo, which translates to 13.07% growth, year on year.

At the share price of N5.65, the P/E ratio of Africa Prudential Plc stands at 12.08x with earnings yield of 8.28%.

Source: Africa Prudential reports N1.99bn as turnover, PAT rises by 13.07% in Q2 2022 – StocksWatch (stocksng.com)

Related Posts

01

Jun
Business & Economy

Nigerian Breweries Plc to acquire 80% shareholding in Distell Wines and Spirits Nigeria Limited

Nigerian Breweries Plc has notified the Nigerian Exchange and the investing public that at a specially convened meeting of the Board of Directors of the Company held on 30th May 2023, the Board was presented with an offer from Heineken Beverages (Holdings) Limited of South Africa, for Nigerian Breweries to acquire Heineken Beverages’ majority interests (via Distell[…]