EARNINGS ALERT – Monday, 26 February, 2018

AFRICA PRUDENTIAL PLC recently released its audited 2017 results with EPS of N0.86. Please find attached the full result of AFRICA PRUDENTIAL PLC as released on the NSE and see key highlights below:

  • Registrars fee declined marginally by 5.94% to ₦935mn (₦994mn in 2016).
  • Net interest income rose  by 67% to N2.38bn (₦1.424bn in 2016).This was driven by income from treasury bills
  • Other operating expenses also was up to ₦630mn in December 2017 from ₦455mn in December 2016 representing an increase of 38.46%.  This was largely due to expenses  incurred on technology advancement and other promotional activities.
  • Profit after Tax grew significantly by 68.2% to ₦1.71bn

Corporate Action
Proposed Final Dividend (Kobo)             40
Closure Date                                           12th March 2018
Payment Date                                          27th March 2018
AGM Date                                                 Not available

This entry was posted in news. Bookmark the permalink.

Post A Comment