The first quarter report of United Capital Plc for the period ended 31 March 2021 shows growth in the company’s topline and bottom line figures.
Gross Earnings of N3.12 billion was reported in Q1 2021, up by 62.57% from N1.92 billion reported in Q1 2020.
Profit after tax appreciated by 67.32% to N1.66 billion from N999.288 million reported in Q1 2020.
Earnings per share of UCAP increased to 28 kobo from 17 kobo achieved in Q1 2020.
At the share price of N5.75, the P.E ratio of UCAP stands at 20.8x with earnings yield of 4.81%.