United Capital boosts half year profit by 41.19% to N4.4bn

United Capital Plc in its published Second Quarter report for the period ended 30 June 2022 achieved significant growth in its top line and bottom line figures.

The Group reported Gross Earnings of N9.11 billion for the six months, up by 32.93% from N6.85 billion reported the previous year.

Profit after tax grew by 41.19% to N4.436 billion from N3.142 billion reported in Q2 2021.

Earnings per share increased to N0.74 from the EPS of N0.52, which translates to 41.19% growth year on year.

At the share price of N13.00, the P.E ratio of United Capital stands at 17.58x with earnings yield of 5.69%.

Source: United Capital boosts half year profit by 41.19% to N4.4bn – StocksWatch (stocksng.com)

Your Comment:

Related Posts

27

Oct
Business & Economy

Q3 2025 Earnings Season Begins: Early Filers Show Strong Sectoral Performance

The third-quarter 2025 earnings season has officially commenced, marking an important period for listed companies on the Nigerian Exchange (NGX). While only a few results have been published so far, early indicators suggest a positive trend, particularly across the Consumer Goods and Industrial Goods sectors. As more companies prepare to release their performance reports before the filing […]

Read Article

27

Oct
Business & Economy

CBN’s Move to Control Fixed-Income Market Sparks Regulatory Tension

  • 27/10/2025

Nigeria’s financial market is witnessing growing regulatory tension following the Central Bank of Nigeria’s (CBN) recent bid to assert control over the fixed-income market — a move analysts say challenges the Securities and Exchange Commission’s (SEC) statutory authority as the apex capital market regulator. While the CBN describes the initiative as a step toward improving transparency and[…]

Read Article