Africa Prudential Plc reports N479.8m profit in Q1 2025

Africa Prudential Plc (AFRIPRUD) has published its First Quarter report for the 3 months ended 31 March 2025.

The only listed Registrar on the floor of the Nigerian Exchange recorded Gross Earnings of N1.305 billion for the 3 months period, up by 76.36% from N739.894 million recorded in Q1 2024.

Profit after tax of N479.815 million was achieved for the 3 months period, up by 143.18% from N197.312 million reported the previous year.

Earnings per share of AFRIPRUD stands at 24 kobo.

At the share price of N17.15, the P/E ratio of Africa Prudential Plc stands at 71.49x with earnings yield of 1.40%.

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