UPDC Plc Reports N1.2bn Loss in Q3 2021 Results,(SP:N1.13k)


Wednesday, October 20, 2021 / 4:14 PM / By Phillips Consulting / Header Image Credit: UPDC

UPDC Plc released its Q3 2021 Unaudited results for the period ended September 30th, 2021.

Key Highlights

  • Revenue grew by 34% to N615m from N458m in the previous quarter.

  • Loss before tax stood at N1bn.

  • Loss after tax stood at N1.2bn.

  • Net Assets declined by -12% from N9.6bn to N8.5bn.

  • Share Price Currently Stands at N1:13k

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