UCAP Posted N7bn in Q3 Financial Report

The Unaudited reports for the third quarter ended September 30th, 2020 of United Capital plc revealed an improvement of 32.81% in topline figures to close the period at N7.069 billion away from N5.323bn reported same period the previous year in 2019.

The nine months financial reports which hit the market on the 19th October, 2020 showed a growth of about 26.10% in Profit before Tax to N4.123bn fromN3.270bn recorded in the preceding period of 2019.

The profit after tax for the period under review soared from N2.747bn in 2019 to N3.464bn in the current report, which implies a growth of 26.10% in (PAT).

The earnings per share consequently grew by 26%, from 46kobo of 2019 to 58kobo in the period under review.

The PE Ratio for the current period stands at 6.15x and the earnings yield at 16.26%.

Leave a Reply

Your email address will not be published. Required fields are marked *

WP Twitter Auto Publish Powered By : XYZScripts.com