AFC Holdings (AFC) says it will expand its value preservation strategies to ensure sustainability, business growth and profitability.
AFC chief executive, Francis Macheka said some of the value preservation strategies that the group will continue focusing on include underwriting business in foreign currency as a means to support asset growth, profitability and capitalisation within the business segments.
“The group will continue to seek opportunities to strengthen its balance sheet position and optimise shareholder value as well as customer service delivery,” Macheka said in a statement accompanying the group’s financials.
AFC’s total assets for the half year at $941,9 billion was 85 percent up from $10,1 billion achieved in December 2022.
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