UBA Declares N38.2bn PAT in Q1 2021 Results,(SP:N6.95k)


Monday, April 19,  20212:28 AM / by NGX Group / Header Image Credit: United Bank for Africa Plc

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United Bank for Africa Plc released its Q1 2021 Unaudited results for the period ended March 31st, 2021.

Key Highlights

  • Gross Earnings grew by 5.6% to N155bn from N147bn in the previous quarter.

  • Profit before tax grew by 24% to N40.6bn.

  • Profit after tax grew by 26.8% to N38.2bn.

  • Net Assets grew by 5.3% from N724bn to N762bn.

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