Access Holdings Earnings Spiked, Board Declares Dividend

Access Holdings’ annual profit increased by about 307% year on year, details from its audited financial statement released today show. Net profit settled at N169 billion at the end of Dec 2023, from N152 billion in the comparable period in 2022.

Top line grew from N1.387 trillion in 2022 to N2.594 trillion in 2023, an approximate 87% annual increase. The financial services boutique announced that its net foreign exchange gain declined by 50% to N17.254 billion year on year.

Its board of directors recommended an interim dividend of N0.30 Kobo for each ordinary share, subject to the applicable withholding tax, as a result of an improved earnings performance. This brought the total dividend for 2023 to N2.10 Kobo, about a 38.5% increase above N1.30 paid in 2022.  #Access Holdings Earnings Spiked, Board Declares Dividend

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