Access Holdings Records N2.59tn in Earnings, Achieves N729bn Profit
On Thursday, Access Holdings Plc reported significant growth in its profits before tax, reaching N729bn in 2023, showing a 335% increase compared to 2022. The company's consolidated and separate financial statements for the year ended December 31, 2023, also revealed an 87% increase in gross earnings to N2.59tn, up from N1.38tn in 2022.
During the same period, the group's gross earnings saw an 87% surge to N2.59tn from N1.38tn in 2022.
Olakunle Aderinokun, the Head of Media and Public Relations at Access Holdings Plc, indicated in a statement sent to PUNCH Online on Thursday that the growth witnessed by the group in the reviewed financial year was chiefly driven by a 100% increase in interest income and a 67.9% growth in non-interest income.
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