WorldStage Newsonline– Africa Prudential Plc has announced its unaudited financial statements for the period ended June 30th 2022 with 13% growth in profit after tax to N0.94 billion, compared with N0.83 billion in H1 2021.
The result showed a 19% growth in gross earnings toN1.99 billion, compared to N1.67 billion in H1 2021; profit before tax rose 19% to N1.16 billion, compared with N0.97 billion in H1 2021.
The company delivered earnings per share of 47Kobo.
Commenting on the result, The Managing Director/CEO of Africa Prudential, Mr. Obong Idiong said, “Our results remain a testament of the impact of our deliberate efforts at diversifying and strengthening our revenue lines to multiple income lines, innovating new ways to deliver value, and adopting cost efficiency in every facet of our operations.
“The 355% growth in digital technology income highlights the success of our switch to a technology-oriented business and we remain positive about the potential growth from this revenue stream in the medium to long term. “As we venture into the second half of the year, we will continue to deploy value to our customers leveraging on innovation and technology to transform their experience and increase shareholders’ wealth.”
