Africa PrudentialPlc reports 51% profit surge in 2025
Africa Prudential Plc's pre-tax profit jumped 51.51% to N4.26 billion for 2025, up from N2.81 billion in 2024. Profit after tax rose 50.10% to N2.72 billion from N1.81 billion, showing strong earnings recovery. Revenue grew 38.33% to N7.19 billion, driven by higher interest income (N5.99 billion) from term deposits. Operating expenses increased 19.32% to N3.22 billion, but remained below revenue growth. Total assets grew 19% to N41.91 billion, with shareholders' equity up 17% to N12.54 billion. The board proposed a 50kobo per share dividend (down from N0.60kobo), subject to shareholder approval. The stock closed at N17.95 (down 0.8%) on February 27, 2026, up 21.3% year-to-date.