For the 2024 financial year, GTCO Plc declared N1.266 trillion, profit before tax, up from N609.3 billion a year earlier.
The Group, in its audited financial statement released on the Nigerian Exchange Limited on Friday, also disclosed a profit after tax of N1.02 trillion, up 88.6 per cent from N539.66 billion in 2023.
Based on the performance, GTCO’s Board of Directors has proposed a final dividend of N7.03 per share, bringing the total dividend for the financial year ended December 31, 2024, to N8.03 per share, a significant increase from N3.20 per share declared in 2023.
“Our strong financial performance underscores the resilience of our business model and our ability to create sustainable value for shareholders,” the company stated in a filing to the NGX.
