September 27. 2023/Transcorp Hotels Plc Transcorp Hotels Plc, the hospitality subsidiary of Transcorp Group has achieved full compliance with the Nigerian Exchange’s (NGX) free float requirement for companies listed on its Main Board through free-float market capitalisation. This comes following months of sustained impressive market performance that saw the company’s […]
Results & Dividends
Access Holdings Plc H1-23: Higher Core and Non-Core Income Supports Profitability Growth
September 25, 2023/Cordros Report Access Holdings Plc (ACCESSCORP) released its audited H1-23 financials yesterday, reporting an EPS growth of 48.4% y/y to NGN3.74/s (H1-22: NGN2.52/s), supported by growth across its core (+63.4% y/y) and non-core (+53.0% y/y) income lines. Peculiarly, ACCESSCORP recorded the slowest earnings expansion rate among its tier […]
Access Bank H1 2023: NIR Drives Relatively Moderate Profit Growth
September 25, 2023/CSL Research Access Holding’s H1 2023 audited numbers showed a 63.0% y/y growth in Interest Income driven by growth in both Interest Income on Net Loans and yields on investment securities. Net Loans grew 31.5% in June compared with December 2022 inclusive of the impact of devaluation on […]
