UCAP declares N1.67 billion Profit in Q2'19 Results; (SP:N2.20k)

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Friday, July 19, 2019   /10:12AM / NSE


United Capital Plc released its Q2 Unaudited Results for the Period ended June 30, 2019.

 

Key Highlights

Gross Earnings  declined  by 16.5% to N3.24bln from N3.88bln in the previous year.

Profit Before Tax declined by 17% to N1.99bln from N2.39bln recorded in the previous year.

Profit After Tax also declined by 17% to N1.67bln.

Net Assets however grew marginally by 3.2% to N16.33bln from N15.83ln as at 3oth June, 2018.


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Graph – One Year Share Price Movement

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