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

08

Feb
Business & Economy

NGX appoints advisory panel on digital technology products

The Nigerian Exchange Limited has set up the NGX Digital and Technology Products Advisory Panel. The Panel would provide a forum for the Exchange to interact with the capital market community and the fintech ecosystem to enhance and increase NGX’s digital product offerings. Responsibilities of the Panel include but are not limited to providing insight into product […]

Business & Economy

Fidelity Bank CEO gets recognition as banker of the year 2022

The Managing Director of Fidelity Bank Plc, Nneka Onyeali-Ikpe, has been honoured with the Banker of the Year 2022 award. According to a statement, the bank said Onyeali-Ikpe was presented with the award at the 14th Leadership annual conference and awards, organised by the Leadership Media Group, publishers of Leadership newspapers. Onyeali-Ikpe stated, “I am grateful for[…]