Ghana’s Enterprise Group reported consolidated net profit of GH¢390.92 million for the nine months ended September 30, 2026, up 35.2% from GH¢289.21 million a year earlier. The figures are drawn from unaudited financial statements released by the Ghana Stock Exchange on October 30.
Insurance revenue rose 5.8% to GH¢1.40 billion over the period. The group’s net insurance service result climbed from GH¢89.72 million to GH¢203.04 million, as insurance finance expenses fell from GH¢274.02 million to GH¢158.01 million.
Investment returns move in the opposite direction
That stronger insurance performance came alongside lower investment earnings. Net investment income declined 20.9%, from GH¢403.30 million to GH¢319.05 million, even as investment securities on the balance sheet grew to GH¢3.95 billion at the end of September from GH¢2.95 billion a year earlier.
Profit before tax reached GH¢462.95 million, compared with GH¢342.61 million in the first nine months of 2025. Of the consolidated profit, GH¢256.58 million was attributable to shareholders of the parent company, up from GH¢185.45 million, while non-controlling interests accounted for GH¢134.33 million. Basic earnings per share rose to GH¢1.501 from GH¢1.085.
Assets and operating cash flow increase
Enterprise Group’s total assets stood at GH¢5.67 billion on September 30, compared with GH¢4.61 billion a year earlier. Insurance contract liabilities increased from GH¢1.99 billion to GH¢2.36 billion, while net cash generated from operating activities advanced from GH¢687.94 million to GH¢986.65 million over the nine-month period.
Headquartered in Accra, Enterprise Group operates across life and general insurance, pensions, investments, funeral services and real estate. Its filing also reports separate figures for the parent company, which recorded a standalone profit of GH¢89.23 million for the period.