Access Holdings reports N642 billion profit in 2024
Access Holdings Plc says it generated N642.22 billion in profit for the year ending December 31, 2024.
This is a 3.7 per cent increase from the N619.32 billion it generated in 2023. The company disclosed this through the Nigerian Exchange Group on Wednesday in Lagos.
It also proposed a final dividend of N2.05 per ordinary share on its proposed 53,317,838,433 ordinary shares of 50 kobo each.
The profit before tax increased to N867.02 billion, up from the N729 billion recorded a year earlier.
The group also reported a surge in gross earnings of N4.878 trillion from the N2.594 trillion reported in 2023.
It recorded N3.760 billion in total equity in the year under review, an increase from N2.185 billion recorded in 2023.
Its earnings per share remained at N1,671 for the two years running.
(NAN)
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