WATCH THE VIDEO HERE Access Holdings Plc recorded a profit after tax of N642.2bn for the financial year ended December 31, 2024. This marked a four per cent increase from the N619.3bn reported in 2023. The group’s audited financial statement released on the Nigerian Exchange Limited on Wednesday showed that Access Holdings’ gross earnings jumped by 88 per cent to N4.88 tn in 2024, up from N2.59 tn in 2023. Additionally, profit before tax for the period stood at N867.0bn, representing a 19 per cent rise from N729.0bn in 2023. This was achieved despite an increase in operating expenses and impairment charges. Meanwhile, the group’s income tax expenses also rose sharply, from N109.7bn in 2023 to N224.8bn in 2024, which had a moderating effect on the final profit after tax.
Access Holdings posts N642.2b profit
