By Chinwendu Obienyi
Shareholders of Access Holdings Plc will know the interim dividend for the half year (HY) ended June 30, 2022 before September 15, 2022.
The bank was expected to submit its HY audited interim financial statements by now but this is yet to be done.
According to a filing obtained from the Nigerian Exchange Limited (NGX) on Tuesday, the bank said the delay was due to the ongoing resolution of the Corporation’s HY post audit matters and the need to obtain regulatory approval.
“The release of the Corporation’s 2022 audited interim financial statement for the period ended June 30 could be delayed beyond the due date of August 29, 2022.
In the view of the foregoing, NGX has approved an extension time to publish the results. Accordingly, the Corporation expects to publish the results on or before September 15, 2022”, the corporation said.
Furthermore, the bank stated that the earlier declared closed period in the respect of transactions on its securities remains in place until 24 hours after the release of the results.
The bank had released its Q1 2022 financial result, which reveals a profit of N57.40 billion in Q1 2022. This reflects a 9.23per cent increase year on year.
The group also reported earnings per share of N1.63, a 9.40 per cent growth from the N1.49 reported a year earlier in Q1 2021. The Corporation grew its Q1 profits by 160 per cent in 4 years since hitting N22 billion in Q1 2018 with the profit now touching roughly N57.40 billion.