GTCO PLC REPORTED A PRE-TAX PROFIT OF ₦1.266 TRILLION FOR THE 2024 FINANCIAL YEAR

GTCO Plc reported a pre-tax profit of ₦1.266 trillion for the 2024 financial year, marking a substantial increase of 107.8% compared to ₦609.3 billion recorded in 2023. The company disclosed this in a corporate statement released via the Nigerian Exchange Ltd. Gross earnings rose significantly to ₦2.12 trillion, up from ₦1.13 trillion in the prior year.

Additionally, GTCO achieved a post-tax profit of ₦1.017 trillion, reflecting an 88.4% growth from ₦539.6 billion in 2023. This milestone represents the highest profit ever recorded in the bank's history236.