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Access Holdings Declares N867bn pre-tax profit for 2024

Access Holdings Plc has unveiled its audited financial results for the full year 2024, showcasing a commanding performance anchored by robust revenue growth and disciplined cost management. The financial giant reported a pre-tax profit of N867.02 billion, marking a significant rise from N729.00 billion in the previous year.

The group’s gross earnings surged to N4.88 trillion—an 88% leap from the N2.59 trillion recorded in 2023—underscoring the strength of its diversified revenue streams and expanding market footprint.

Profit after tax came in at N642.22 billion, reflecting a modest 3.7% year-on-year increase from the N619.32 billion posted a year earlier, even as the company navigated macroeconomic headwinds and a dynamic regulatory landscape.

In a display of shareholder commitment, Access Holdings has proposed a final dividend of N2.05 per share, bringing the total dividend payout for the year to N2.50 per ordinary share of 50 kobo each, on its 53.3 billion issued shares.

The results cement Access Holdings’ position as one of the top-tier financial services groups in Africa, with a forward-looking strategy that continues to deliver value across stakeholders.

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