Friday, November 22, 2024

GTCO Achieves N1.2 Trillion in Pre-Tax Profits in First 9 Months of 2024

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GTCO Plc recently shared its financial results for the third quarter, and there’s good news! Their profits before taxes went up to a big number: N215.69 billion. This is much more than the N105.8 billion they made during the same time last year, in 2023. That means the company is making a lot more money now!

Excitingly, GTCO Plc’s profits before taxes have reached a whopping N1.2 trillion in the first 9 months of 2024. That’s an enormous amount of money! It’s like having a huge stack of money that just keeps getting bigger. This shows that GTCO is doing very well and is quite successful this year!

If you think about it, imagine having just one apple yesterday and then having two apples today. It feels great to see more apples, right? That’s similar to GTCO having more money now compared to last year.

This update was first shared on Newslodge, a place where people go to learn about money and business news.

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