UDPC declares N1.18bn loss in Q3 2021

UDPC on Wednesday published its third quarter report for the period ended 30 September 2021 on the Nigerian Exchange

Turnover of N614.739 million was reported for the nine months period, up by 34.15% from N458.258 million reported the previous year.

The company declared a loss after tax of N1.182 billion for the nine month period. This is actually a better loss compared to the loss of N3.375 billion reported the previous year.

Earnings per share of the company for the period under review stands at -6 kobo.

At the share price of N1.86, the P.E ratio of UDPC stands at -29.21x with earnings yield of -3.42%.

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