Menu
Home
Forums
New posts
Search forums
What's new
Featured content
New posts
New media
New media comments
New resources
Latest activity
Media
New media
New comments
Search media
Resources
Latest reviews
Search resources
Misc
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Labrish
Nyuuz
Access Holdings records 14.1% growth to hit N3.9 trillion
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Munyaradzi Mafaro, post: 67290, member: 636"] Access Holdings Plc expanded quarterly revenue by 14.1 percent to reach 3.9 trillion naira during the period ending in September, according to financial statements released by the Nigerian conglomerate. The company brought in 3.4 trillion naira through the same stretch of 2024, with earnings climbing 56.2 percent from the 2.5 trillion naira recorded at midyear. Revenue from interest jumped 21.1 percent annually to 2.9 trillion naira while net interest earnings surged 48.9 percent to 1.3 trillion naira, up from 845 billion naira one year earlier. Management attributed the performance to loan portfolio growth combined with strategic emphasis on assets generating stronger returns. Quarter over quarter comparisons showed interest revenue and net interest totals advancing 42.1 percent and 27.8 percent, respectively, from first-half figures of 2.0 trillion naira and 984 billion naira. Fee and commission income after expenses rose 44.3 percent year over year to 476 billion naira from 330 billion naira, reflecting elevated transaction activity through digital and payment platforms. The fee category doubled from the 237 billion naira collected during the initial six months, representing a 100.8 percent quarterly expansion. [/QUOTE]
Insert quotes…
Name
Post reply
Home
Forums
Labrish
Nyuuz
Access Holdings records 14.1% growth to hit N3.9 trillion
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top