UPDC Plc has declared a final dividend of 1 kobo to shareholders for the year ended 31 December 2024.
The Group reported revenue of N11.787 billion for the 12 months period, up by 120.58% from N5.344 billion reported in FY 2023.
Profit after tax of N836.91 million was achieved for the 12 months period, up by 277.83% from N221.51 million reported the previous year.
Earnings per share of the Company stands at 5 kobo.
At the share price of N2.80, the P/E ratio of UPDC Plc stands at 62.10x with earnings yield of 1.61%.