United Capital Plc Declares N5bn PAT in 2019 Audited Results, Proposes 50k Dividend;(SP:N2.13k)

Tuesday, February 18, 2020 /5:07 PM /By NSE / Header Image Credit: United Capital

United Capital Plc released its 2019 Audited results for the period ended December 31st, 2019.

Key Highlights

• Revenue declined by -7.2% to N8.6bn from N9.3bn in the previous quarter.

• Profit before tax declined by 20.4% to N5bn.

• Profit after tax grew by 14.7% to N5bn.

• Net Assets grew by 23.7% to N19.6bn from N15.8bn.

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