Enterprise Group Plc reported a profit after tax of GH¢366 million for the financial year ending December 31, 2024—an impressive rise from GH¢193 million recorded the previous year.

This growth was primarily driven by a 30.5% increase in insurance revenue, which reached GH¢1.58 billion, along with a 49.6% boost in net income.

Speaking at the Group’s 15th Annual General Meeting held in Accra, Board Chairman Keli Gadzekpo reaffirmed Enterprise Group’s commitment to delivering sustained growth and meeting the evolving needs of its clients.

“This performance is a testament to our disciplined execution and our focus on customer experience, innovation, and the effective deployment of technology to enhance premium collection and service delivery,” he told shareholders.

The Group has hence recommended a final dividend of 0.126 cedis per share representing a 30 percent increase from the previous year and amounting to a total payout of GHS 21.5 million.

Looking ahead, Mr. Gadzekpo said Enterprise Group remains optimistic about Ghana’s economic outlook. “With renewed focus on fiscal consolidation, tax reforms, and improving investor confidence, we expect growth to be sustained into 2025,” he said.