DSC, a finance investment said that it recorded 81.7 per cent increase in profit after tax to N620 million in 2023 from N341.2 million in 2022.
The company disclosed this at its 2024 GaintStride Investment Summit themed: “The Quantum Leap 5.0” in Lagos.
Among other things, DSC recorded a 30.2 percent rise in gross income to N2.9 billion.
Presenting the financials, Dr. Aramide Ajayi , an Auditor at KSBC Advisory Partner Limited said: “This Summit is not just a reflection of the past but a bold step towards future and potential and possibilities.
“In 2023, DSC achieved revenue of expansion via gross income growth by 30.2 percent reaching N2.9 billion as have been said before driven by diversification in revenue streams.
“Profit before and after tax significantly increased by 82 percent.
“In 2023, income grew at about 30 percent and expenses at 15 percent yielding a positive has ratio of about 15 percent.”
The Etse Nupe of Nupe Land who doubles as Chairman, Board of Directors, DSC, Dr. Yahaya Abubakar commended the Group Managing Director,DSC, Mrs. Olubukola Abitoye for her leadership role and achievement in the last five years.
Speaking on the summit, Abitoye, said: “The theme of this year’s summit embodies bold ambition and fosters transformative ideas and partnerships to redefine the investment landscape. It serves as a platform for innovators and stakeholders to align strategies that drive growth, sustainability, and innovation.
Together, we embrace the challenge of scaling impact, reshaping industries, and unlocking opportunities for a prosperous future.”