Access Holdings PLC Reports 23.3% Profit Decline Despite N2.5 Trillion Earnings

Access Holdings PLC (NGX: ACCESSCORP)'s H1'25 financial results show a 23.3% decline in profit before tax (PBT) and a 23.3% decrease in profit after tax (PAT) compared to H1 2024. The company's gross earnings grew by 13.8%, reaching N2.5 trillion, driven by strong interest income growth.

Despite the decrease in profits, the company demonstrated resilience with a strong balance sheet and performance in interest and fee income. The group's subsidiaries contributed significantly to the overall profit tax.