Africa Prudential Plc posts N827.64m as profit in Q2 2021

Africa Prudential Plc on Friday published its Q2 financial statement for the period ended June 30, 2021.

Gross Revenue of N1.67 billion was reported for the six months period, down by 10.93% from N1.87 billion reported the previous year.

AFRIPRUD reported the profit after tax of N827.64 million, down by 23.57% from N1.08 billion achieved the previous year.

Earnings per share (EPS) of the company dropped by 23.57% to 41 kobo from the EPS of 54 kobo reported in Q2 2020.

At the share price of N6.90, the P.E ratio of AFRIPRUD stands at 16.67x with earnings yield of 6.00%.

Leave a Reply

Your email address will not be published. Required fields are marked *