UPDC Real Estate Investment Trust Plc (UPDC REIT) recently published its Unaudited Financial Statement for the year ended 31 December 2024.
Revenue of N1,435,865,000 was reported in Q4 2024, marginally up by 0.04% from the revenue of N1,435,242,000 reported the previous year.
Profit after tax grew year on year by 24.95% to N4.751 billion from N3.803 billion.
Earnings per share of the Company stands at N1.78.
At the share price of N7.10, the P/E ratio of UPDC REIT stands at 3.99x with earnings yield of 25.07%.