Access Holdings Plc has posted an 83 per cent growth in its profit after tax to N250.45 billion in unaudited results for the third quarter of 2023.
The group, in a regulatory filing to the Nigerian Exchange Limited, NGX, said it posted a 75.70 per cent year-on-year increase in gross earnings to N1.593 trillion from N906.93 billion – driven by core and non-core income lines.
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The report further showed that interest income crossed the N1.00 trillion mark in the year’s first nine months, growing by 83.3% to N1.05 trillion.
This was driven by elevated interest rates in the period and the rise in the group’s earning assets, up by 41.5% from the beginning of the year to N14.55 trillion.
Jide Olasunkanmi
