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GTCO Plc records N1.266trn pre-tax profit in 2024

Summary by Pulse Nigeria

GTCO Plc has announced a pre-tax profit of N1.266 trillion for the 2024 financial year. This represents a significant increase from the N609.3 billion reported in 2023. The company made this known in a Friday corporate disclosure released through the Nigerian Exchange Ltd.. Its gross earnings surged to N2.12 trillion, up from N1.13 trillion in the previous year. The company also posted a profit after tax of N1.017 trillion, an 88.4 percent rise …

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GTCO Plc records N1.266trn pre-tax profit in 2024

5 days ago·Nigeria

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National Daily Newspaper

Fidelity Bank Posts N385.2bn Profit in 2024, Boosted by Interest Income

Fidelity Bank Plc has posted a record-breaking pre-tax profit of N385.2 billion for the 2024 financial year, reflecting an impressive 210.01% year-on-year (YoY) growth. Despite a N13.3 billion windfall tax, the bank’s post-tax profit surged by 179.63% to N278.1 billion, highlighting its resilience and strong operational efficiency. The bank’s gross earnings crossed the N1 trillion mark, growing by 87.72% YoY to N1.043 trillion, with core operati…

3 days ago

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Blackbox Nigeria

GTCO Plc Reports Record-Breaking 2024 Full-Year Results, Pays N8.03k Dividend - Blackbox Nigeria

Ghazali Ibrahim Guaranty Trust Holding Company Plc (GTCO) has released its audited consolidated and separate financial statements for the year ended December 31, 2024. According to the statement released, the results show a remarkable 107.8% increase in profit before tax, reaching ₦1.266 trillion, up from ₦609.3 billion in 2023. The Group’s impressive performance is attributed to its diversified revenue base, robust risk management, and discipli…

4 days ago

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News Agency of Nigeria

GTCO Plc Records N1.266trn Pre-tax Profit In 2024 - NEWS AGENCY OF NIGERIA

GTCO Plc records N1.266trn pre-tax profit in 2024 22 total views today By Taiye Olayemi GTCO Plc has announced a pre-tax profit of N1.266 trillion for the 2024 financial year. This represents a significant increase from the N609.3 billion reported in 2023. The company made this known in a corporate disclosure […] The post GTCO Plc records N1.266trn pre-tax profit in 2024 first appeared on NEWS AGENCY OF NIGERIA. NEWS AGE…

4 days ago

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Business Hallmark

GTCO Plc releases 2024 F'Y audited results, pays shareholders record N8.03k dividend

Guaranty Trust Holding Company Plc (GTCO) has released its Audited Consolidated and Separate Financial Statements for the year ended December 31, 2024, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦1.266trilion, representing an increase of 107.8% over ₦609.3billion recorded in the corresponding year ended December […] The post GTCO Plc releases 2024 F’Y audited results, pays shareh…

4 days ago

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InsideBusiness - Business News in Nigeria

GTCO Recommends N8.03 Dividend as Pre-Tax Hits N1.27tn - InsideBusiness - Business News in Nigeria

Guaranty Trust Holding Company Plc (GTCO) has recommended a dividend of N8.03 for its shareholders following a profit before tax of ₦1.266 trillion, representing a 107.8 percent increase over the ₦ 609.3 billion recorded in 2023. In Holdco’s 2024 Audited Consolidated and Separate Financial Statements, released to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE), it recorded growth across all financial and non-financial metrics, …

4 days ago

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