UAC of Nigeria Plc Audited Financial Statements for the Period ended 31 December 2019
UACN’s Revenue: The group’s revenue for the period stood at N79.2 billion as against N70.4 billion during the comparable period in 2018. This is indicative of a 12.4% increase, year on year. The company’s cost of sales, however, increased by 9.3% to N62.5 billion, up from N57.2 billion in 2018.
Profit Before Tax: for the period under review, UACN’s profit before tax stood at N7.4 billion, thereby marking a 22.7% increase compared to N6 billion in 2018.
UACN’s Revenue: The group’s revenue for the period stood at N79.2 billion as against N70.4 billion during the comparable period in 2018. This is indicative of a 12.4% increase, year on year. The company’s cost of sales, however, increased by 9.3% to N62.5 billion, up from N57.2 billion in 2018.
Profit Before Tax: for the period under review, UACN’s profit before tax stood at N7.4 billion, thereby marking a 22.7% increase compared to N6 billion in 2018.
