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)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
NationWide
World Population Day: UNFPA urges investments in young people’s choices, future
Ms Keita said fragile labour markets, widening inequalities, and prolonged conflicts had left many young people uncertain about achieving their aspirations.
Anti-Corruption
ICPC to arraign Enugu PDP governorship candidate Uche Nnaji over forged credentials
Mr Nnaji was arrested at the Nnamdi Azikiwe International Airport in Abuja on July 1.
Health
College of physicians demands sustainable funding, tech-driven training for health system
The college also directed consistent referral and feedback loops between facilities.
Sport
Why Super Eagles goalkeeper Maduka Okoye is trending
Videos and photographs shared online showed Okoye and the Grammy-winning artiste at the Jean Paul Gaultier Haute Couture show in Paris.
Sport
Tinubu reiterates commitment to reviving horse racing in Nigeria
Mr Tinubu said reviving horse racing would create jobs through skills development, tourism, livestock production, and increased private-sector investment.
World
Iran, Oman end Hormuz talks without breakthrough
The strategic waterway lies between Iran to the north and Oman to the south, giving both countries a direct role in ensuring maritime security.
