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Access Holdings Plc has released its unaudited financial statement for the first quarter of 2025, ending March 31, 2025.
According the Access Holdco statement of financial health made available to the NGX for verification on Wednesday, the group reported a significant increase in profit after tax, rising to N182.75 billion from N159.29 billion in the same period last year.
This impressive growth underscores the company’s solid financial performance and strategic initiatives.
Key Highlights:
– Profit Before Tax:Grew to N222.78 billion in Q1 2025 from N202.74 billion in Q1 2024, demonstrating the group’s ability to maintain profitability amid challenging economic conditions.
– Earnings Per Share (EPS): Increased to N4.88 in Q1 2025 from N4.35 in Q1 2024, reflecting the company’s commitment to delivering value to its shareholders.
– Total Assets:While total assets declined to N30.085 trillion in Q1 2025 from N41.498 trillion in Q1 2024, the group’s financial performance remains robust, driven by strong operational efficiencies and strategic asset management.
Outlook:
The strong Q1 2025 results position Access Holdings Plc for continued growth and success. The company’s focus on innovation, customer satisfaction, and strategic investments is expected to drive future performance and deliver long-term value to stakeholders.
