UPDC Real Estate Investment Trust released its audited full-year results for the period ended 31st of December, 2020.
- Total revenue for the period was N2.42 billion. (+2,279% YoY)
- Rental Income was N1.5 7 billion. (-7.1% YoY)
- Operating expenses totalled N480.5 million. (-11.5% YoY)
- Profit after tax was N1.93 billion. (+530.1% YoY)
- Earnings per unit of 72 kobo. (+523.5% YoY)
See link to results.