Africa Prudential Plc (AFRIPRUD) on Wednesday published its Third Quarter report for the period ended 30 September 2024.
The Company recorded Gross Earnings of N3.495 billion for the 9 months period, down by 9.30% from N3.854 billion recorded the previous year.
Profit after tax (PAT) of N1.34 billion was achieved for the 9 months period, up by 53.64% from N871.338 million reported the previous year. This is due to the fact that the Company was able to reduce its personnel expenses and other operating expenses as against the previous year.
Earnings per share of AFRIPRUD stands at 67 kobo.
At the share price of N9.3, the P/E ratio of AFRIPRUD stands at 13.89x with earnings yield of 7.20%.