GTCO Plc has announced a pre-tax profit of N1.266 trillion for the 2024 financial year.
This represents a significant increase from the N609.3 billion reported in 2023.
The company made this known in a corporate disclosure released through the Nigerian Exchange Ltd. on Friday.
Its gross earnings surged to N2.12 trillion, up from N1.13 trillion in the previous year.
The company also posted a profit-after-tax of N1.017 trillion, an 88.4 per cent rise from the N539.6 billion reported in the previous year.
This achievement marks the highest-ever profit reported by the bank in its history.
