Enterprise Group PLC, a leading insurance company, reported a growth in revenue of 37%, or GHS1.16 billion, for the year ended 2021.
According to the corporation, this increase in income led to a GH122 million profit after taxes for the year under consideration.
But compared to the GHS146 million reported the year before, this shows a decline in earnings after tax.
The corporation announced a dividend of GHS0.744 for the year 2021, a 20 percent increase over the dividend given in 2020, at its twelveth annual general meeting, which was held in Accra.
The corporation is confident about a consolidated performance in 2022 after the sales increased by 37% for the year ending in 2021.
The business argues that the few difficulties experienced in 2021 are not a barrier to its expectations for this year.
On the eve of the AGM, Enterprise Group PLC’s Chief Executive Officer, Keli Gadzekpo, spoke with Citi Business News.
“Our claims took a hit in 2020, but we observed an uptick in 2021. Therefore, according to our assessment, the pass-through effect from 2020 has already manifested itself in 2021. Although it’s not much of a problem, we’re monitoring it.
“Consolidation will take place in 2022 and the year following, which is good for us. We’ve accomplished a lot. We have a lot of moving components, therefore we’re eager to carry them and move forward. Therefore, he said, “We see growth, performance, and improved profitability coming.
