Access Holdings Plc boosts revenue to N2.59trn in FY 2023, PAT increases by 306.9%

  • Proposes final dividend of N1.80

Access Holdings Plc on Wednesday published its Audited Financial Statement for the year ended 31, December 2023.

The Financial Institution reported Gross Earnings of N2.595 trillion for the 12 months period, up by 86.95% from N1.388 trillion reported in FY 2022.

Profit after tax grew year by 306.91% to N619.3 billion from N152.2 billion reported the previous year.

Earnings per share of the Group stands at N17.42

At the share price of N23.1, the P/E ratio of Access Holdings Plc stands at 1.33x with earnings yield of 75.43%.

The Board of Directors proposed a Final Dividend of N1.80 to shareholders.

Qualification date for the proposed dividend is April 10, 2024. Closure date is on April 11, 2024.

On April 19, 2024, Final Dividend will be paid electronically to shareholders whose names appear on the Register of Members as at the close of business on April 10, 2024 and who have completed the e-dividend registration and mandated the Registrars to pay their dividends directly into their Bank accounts.

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