UAC-PROP Declares N933m Loss in Q2 2019 Results,(SP:N1.13k)


Tuesday, July 29,  2019  6:22PM / NSE

UACN Property Development Company Plc released its unaudited second quarter results for the period ended June 30, 2019.


Key Highlights

Revenue grew by +24.32% to N1.49bn from N1.20bn in the previous quarter.

Loss Before Tax grew by 48.88% to N779.56m

Loss After Tax grew by 49.08% to N933m

Net Assets also declined by 7.1% to N16.76bln from N18.05bln as at 31st December, 2018.

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