WorldStage Newsonline– First Holdco Plc has released its result for the year ended Dec. 31, 2024 with 115.12 per cent increase in profit after tax to N663.49 billion from N308.43 billion recorded in 2023.
The group in a corporate disclosure released through the Nigerian Exchange Ltd also reported a pre-tax profit of N781.88 billion, representing a 124.77 per cent year-on-year increase when compared to N347.87 billion recorded in 2023.
The group’s gross earnings also rose by 105.71 per cent with N3.21 trillion in 2024 and N1.56 trillion in 2023.
A dividend of 60 kobo per ordinary share of 50 kobo each, amounting to N25.13 billion was recommended.
This is up from N14.36 billion distributed in 2023.
