UACN Declare N9.3bn loss in 2019 Audited Result;(SP:N7.50k)

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Monday, April 20, 2020 / 11:46 AM / By NSE / Header Image Credit: UACN


UAC of Nigeria Plc released its 2019 Audited results for the period ended December 31st, 2019.


Key Highlights

  • Revenue grew by 12.38% to N79.2bn from N70.5 in the previous quarter.

  • Profit before tax grew by 22.7% to N7.5bn.

  • Loss after tax stood at N9.3bn.

  • Net Assets declined by -18.3% to N60.5bn from N74.1bn.

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