UHOMREIT Declares N251.66m NI after Tax in Q3 2019 Results,(SP:N40.7k)


Friday, October 18, 2019 / 05:55 PM / NSE 

Union Homes REIT Plc released its Q3 unaudited 2019 results for the period ended September 30th, 2019.


Key Highlights 

Investment Income declined by -6.4% to N394.03m from N420.82m in the previous quarter.

Operating expenses declined by 7.0% to N142.37m.

Net income after taxation declined by 6.0% to N251.66m.

Net Assets also grew by 2.6% to N10.04bn from N9.79bn as at December 31, 2018.

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