Access Holdings Plc reports gross earnings of N974bn in Q1 2024, grows profit by 121.85%

Access Holdings Plc on Tuesday published its First Quarter report for the period ended 31 March 2024. The Financial Institution achieved significant growth in its top line and bottom line figures, year on year.

Gross Earnings of N974.242 billion was achieved for the 3 months period, up by 129.2% from N425.062 billion achieved in Q1 2023.

Profit after tax grew year on year by 121.85% to N159.287 billion from N71.8 billion reported the previous year.

Earnings per share of Access Holdings stands at N4.48.

At the share price of N16.85, the P/E ratio of Access Holdings Plc stands at 3.76x with earnings yield of 26.59%.

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