United Capital earnings up 32%

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Simonson Harry

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Apr 21, 2020
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United Capital earnings up 32%
ON APRIL 27, 20202:59 AMIN BUSINESS
By Peter Egwuatu

UNITED Capital Plc has recorded gross earnings of N1.99 billion for the first quarter, Q1, ended March 31, 2020, representing a growth of 32 percent from N1.45 billion recorded in the corresponding period of 2019.


The company’s financial results released to the Nigerian Stock Exchange, NSE show that Profit Before Tax, PBT stood at N1.18 billion in Q1 2020, compared to N0.77 billion in Q1 2019, representing a 53 percent Year on Year, YoY increase.


The Profit After Tax stood at N0.99 billion in Q1 2020, compared to N0.64 billion in Q1 2019 , indicating a 54 percent YoY increase.

Source:https://www.vanguardngr.com/2020/04/united-capital-earnings-up-32/
 
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