Africa Prudential grew Profit after Tax by 11.63%, posted turnover of N2.9bn in Nine Months

The third quarter financial report of Africa Prudential Plc released on the 22nd of October 2019 revealed a growth of 11.23% in its Profit after Tax, closing at N1.5 billion from the previous close of N1.3 billion in the third quarter of 2018.

The firm recorded a turnover of N2.9 billion, down by 11.98% from N3.29 billion in the third quarter of 2018.

Earnings per share grew to N0.75 from the previous earnings per share of N0.67 in the third quarter of 2018.

With reference to the share price of N4.00, the P. E ratio of Africa Prudential Plc stands at 5.33x with earnings yield of 18.78%.

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