UACN reported a turnover of N83.96bn in Fourth Quarter 2019

The unaudited report of UACN for the period ended, December 31, 2019 revealed a growth of 9.66% in its turnover as it closes the year 2019 at N83.96 billion away from the previous turnover of N76.56 billion in 2018.

Profit before Tax dropped by 4.82% to close at N8.1 billion from the previous close of N7.7 billion.

For the period under review, the firm declared a loss after tax N9.23 billion with a negative earnings per share of N3.20.

With reference to the share price of N9, the P.E ratio of UACN stands at negative 2.81x with earnings yield of negative 35.1%.

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