United Capital Plc has announced a 63 percent growth in gross earnings to N3.12 billion in the first quarter (Q1) ended March 31, 2021, compared to N1.92 billion in Q1 2020.
The unaudited financial statement of the company for the period showed that it grew its Profit Before Tax (PBT) to N1.97 billion in Q1 2021, compared to N1.18 billion in the same period in 2020, indicating a 68 percent year-on-year (Y/Y) growth.
The company’s earnings per share also rose to 111 kobo from 66 kobo in Q1’20.
Commenting on the results, Mr. Peter Ashade, Group CEO, United Capital, said: “I am…
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