UAC-PROP Declares N2.1bn Loss in Q2 2020 Results, (SP:N0.95k)

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Wednesday, August 12, 2020 / 5:46 PM / NSE / Header Image Credit: African Financials


UACN Property Development Company Plc released its Q2 2020 Unaudited results for the period ended June 30th, 2020.


Key Highlights

  • Revenue declined by -77% to N347m from N1.5bn in the previous quarter.

  • Loss before tax stood at N2bn.

  • Loss after tax stood at N2.1bn.

  • Net Assets grew by 583% from N2.2bn to N14.8bn.

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