earnings

African Finance Corporation's revenue rose by 22.8 per cent, reaching 1.1 billion dollars. 

AFC reports record 22.8% increase in revenue to $1.1bn in FY'24

Pan-African multilateral financial institution, Afreximbank has posted a 28.7 per cent growth in its profit after tax to 973.5 million dollars in the 2024 financial year. Gross Income increased by 23 percent to 3.3 billion in FY’2024.

Afreximbank posts 28.7% PAT growth in FY'24 

AXA Mansard has reported a 116 per cent growth in its profit for 2024, driven by earnings from health insurance and revenue from savings. 

Axa Mansard profit up 116% to ₦25.9bn in FY'24

UAC of Nigeria revenue rose 63 per cent year-on-year to 197 billion naira in 2024 driven by sales growth recorded across core operating segments. 

UAC of Nigeria doubles operating profit for 2024 

CWG Group saw a 428.4 per cent year-on-year increase in profit after tax reaching 3.04 billion in the year 2024 with revenue hitting 46.3 billion naira in the period under review. 

CWG Group CEO speaks on growth plans

The Group Managing Director and Chief Executive Officer of Zenith Bank, Adaora Umeoji has attributed the bank's performance, to the execution of articulated strategies that's yielding results as the bank saw its gross earnings rise by 86 per cent. 

Umeoji: Articulated strategies driving performance

Ecobank Group has seen its Profits in 2024 rise by 16 per cent to 333 million dollars. Net revenue rose 18 per cent to 2.1 billion dollars at constant currency, driven by stable and recurring fee and commission income growth. 

Ecobank Group reports 16% rise in profit in FY'24

DIB Bank Kenya, a subsidiary of Dubai Islamic Bank, has posted a profit of 103.4 million Kenyan shillings for 2024, a sharp rebound from a 256 million loss last year, driven by customer confidence in Shariah-compliant banking and strategic expansion.

DIB Bank Kenya reports KES103.4mn profit in 2024, marking a 140% turnaround

Equity Group has reported a solid 48.8 billion shillings in it’s latest full year earnings, representing a 12 per cent jump. 

Kenya’s Equity Group delivers 12% FY’24 earnings growth

Automotive components manufacturer and battery maker, Metair reported that full year headline earnings per share from continuing operations decreased 9 per cent, mainly due to lower profitability in the overall automotive business. 

Metair FY24 HEPS down 9%

Remgro’s first-half earnings jumped as the contributions across its portfolio improved. It saw improved operational performances from Rainbow Chicken, RCL Foods, Outsurance and Mediclinic boosted earnings. 

Remgro delivers 38.6% jump in FY25 HEPS 

Listed National carrier Kenya Airways is fresh from releasing it’s 2024 full-year results with the airline making a strong come-back after a season of loss making. 

Video: EARNINGS