Africa Prudential Reports 53% Profit Surge in Nine Months, Boosted by Core Registrar Growth

Africa Prudential Plc, a leading provider of share registration services and capital market solutions, has recorded a remarkable 53% increase in Profit After Tax (PAT) for the nine months ended September 30, 2025. The company posted a PAT of ₦2.05 billion, up from ₦1.34 billion during the same period in 2024, signaling strong growth momentum and operational resilience.

The growth was largely driven by the company’s core registrar services, which saw revenue climb 27% to ₦965.3 million compared to ₦758.5 million in 2024. In the third quarter alone, revenue from these services rose 17% year-on-year to ₦438.9 million, reflecting sustained client demand and new customer contracts. Analysts attribute this performance to Africa Prudential’s disciplined approach to service delivery and client engagement.

Net operating income surged 50% to ₦5.11 billion from ₦3.41 billion in the prior year, while gross profit increased 28% to ₦868.4 million, highlighting improved operational efficiency. Profits before finance costs and tax grew by 53.5% to ₦3.02 billion, supported by a significant rise in interest income to ₦4.00 billion from ₦2.51 billion. The results underscore the company’s effective treasury management in a high-interest-rate environment.

Commenting on the results, Managing Director/CEO Catherine Nwosu said: “Our nine-month performance reinforces the strength of our business model and our commitment to delivering sustainable value. We continue to focus on innovation, operational excellence, and digital transformation as we drive growth across all areas of our business.”

Looking ahead, Africa Prudential plans to strengthen its position in 2026 through product and service optimization, business diversification into digital solutions, and enhanced stakeholder engagement. The company remains committed to advancing investor services, fostering digital adoption, and creating long-term value for shareholders across Africa’s capital markets.

source: Africaprudential