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Africa Prudential: Performance of 142% of its assets for the first half of the year

25/07/2022
Categories: Rate

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For the first half of 2022, Africa Prudential said it had registered a 142% increase in total assets.

Corresponding to a gross profit of N1.99 billion, compared to N1.67 billion in the first half of 2021, figures recorded in the first six months of this year show D&# 39; a significant improvement for the company. For the managing director, Obong Idiong, the strategy of diversification in technological and digital solutions that the company has opted for, has “supported the growth in revenues and profits recorded during the period.”

"The 355% growth in digital technology revenues reflects the effectiveness of our strategic shift to a digital technology solutions provider and we remain positive about growth potential of this business sector in the medium and long term,” he said. As for the second half of 2022, he hopes to obtain “a better result.”

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