Guaranty Trust Holding Company Plc (GTCO) in its Unaudited Consolidated and Separate Financial Statements for the period ended September 30, 2023, has reported profit before tax (PBT) of N433.2 billion, representing an increase of 155.2 percent over N169.7 billion recorded in the corresponding period ended September 2022.
According to the financial statements for the period submitted to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE), GTCO made a 181.87 per cent rise in its profit after tax, to N367.42 billion for the period ended September compared to N130.35 billion as of September 2022.
However, the company’s profit after tax (PAT) was N86.93 billion, a 64.68 percent increase from the N52.79 billion recorded in the corresponding period in 2022, while the pre-tax profit of the company was N105.8 billion in Q3 2023, a 59.17 percent increase from the N66.47 billion recorded in Q3 2022.
