2020 FY Results: United Capital posts N7.8 billion profit.

United Capital Plc released its full-year 2020 audited results for the year ended December 2020.

  • Gross Earnings during the year was N12.98 billion. (+50% YoY)
  • Net operating income was N12.49 billion. (+58% YoY)
  • Total expenses of N4.93billion. (+35% YoY)
  • Profit before tax was N7.95 billion. (+61% YoY)
  • Earnings per share N1.30 vs 83 kobo. (+57% YoY)
  • Total shareholders fund was N24.43billion. (+25% YoY.)
  • A dividend of 70 kobo was proposed. (+40% YoY)

See link to results.

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