UAC-PROP declares N1.02bln Loss in Q1 2019 Results,(SP:N2.58k)


Tuesday, April 30, 2019  / 01:48PM / NSE

Today, UACN Property Development Company Plc released its unaudited first quarter results for the period ended March 31, 2019.


Key Highlights

Revenue declined by -14.11% to N507.74mln from N591mln in the previous quarter.

Loss Before Tax grew by 29.81% to N967.72mln

Loss After Tax grew by 14.05% to N1.02bln

Net Assets also declined by 5.7% to N17.02bln from N18.05bln as at 31st December, 2018.

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