United Capital Plc (UCAP) on Wednesday published its Third Quarter report for the period ended 30 September 2024. The result shows significant growth in the Company’s top line and bottom line figures for the 9 months period.
The Group reported Gross Earnings of N28.165 billion for the 9 months period, up by 60.87% from N17.51 billion reported the previous year.
Profit after tax of N15.98 billion was achieved for the 9 months period, up by 88.72% from N8.47 billion reported the previous year.
Earnings per share of UCAP stands at N0.89.
At the share price of N18.8, the P/E ratio of UCAP stands at 21.17x with earnings yield of 4.72%.