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Access Holdings Reports N642bn Profit in 2024

Lagos: Access Holdings Plc. has announced a profit of N642.22 billion for the year ending December 31, 2024. This marks a 3.7 percent rise from the N619.32 billion profit reported in 2023. The company disclosed this information through a corporate announcement via the Nigerian Exchange Group.

According to News Agency of Nigeria, Access Holdings also proposed a final dividend of N2.05 per ordinary share on its 53,317,838,433 ordinary shares, each valued at 50 kobo. The Profit before Tax (PBT) experienced a growth, reaching N867.02 billion compared to N729 billion from the previous year.

The group reported a significant increase in gross earnings, totaling N4.878 trillion, up from N2.594 trillion in 2023. Additionally, it recorded a total equity of N3.760 billion for the year under review, which represents an increase from N2.185 billion in the preceding year. For two consecutive years, the earnings per share remained steady at N1,671.