UAC-PROP Declares N2.6bn Loss in Q1'20 Results;(SP:N0.80K)


Sunday, May 24, 2020 / 10:40 PM / By NSE / Header Image Credit: UACN Property Development Company Plc

UACN Property Development Company Plc released its Q1 2020 Unaudited results for the period ended March 31st, 2020.

Key Highlights

  • Revenue declined by -52.8% to N240m from N508m in the previous quarter.

  • Loss before tax stood at N781m.

  • Loss after tax stood at N2.6bn. 

  • Net Assets stood at -N476m.

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