Africa Prudential Plc on Friday July 23 released its Unaudited Financial Statements (UFS) for the half-year (H1) ended June 30, 21.
Highlights of the financials at the Nigerian Exchange Limited (NGX) show that the company’s gross revenue decreased by 10.95percent to N1.67billion in H1’2021, from a high of N1.87billion in H1’2020.
Its profit before finance costs and tax (PBT) of N972.9million in H1’21 against N1.22billion in H1’20 represents a decrease by 20.05percent, while profit after tax (PAT) of N827.6million in H1’21 came down by 23.5percent as against N1.08billion PAT it reported in H1’2020. It reported finance costs of N610, 000 in the half year ended June 30.
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Basic and diluted earnings per share (Kobo) decreased to 41kobo in the review first half of 2021, from 54kobo recorded in H1’20. Its share price at N6.5 gained 40kobo or 6.15percent at the close of trading session on the Nigerian Exchange Limited on Friday July 23. The share price had reached a 52-week high of N7.35kobo and a corresponding week low of N4.01kobo.
Africa Prudential Plc was listed on January 17, 2013. The Company is a leading Registrar, Investor Services and Business Support Solutions (digital technology) provider with close to five decades’ of top-class experience in the Nigerian Capital Market, and currently managing over 80 corporate client services to both public and private companies.
