United Capital Plc has declared a Profit After Tax decline of 17% to N1.67bln in its Q2 unaudited results for the period ended June 30, 2019.
The gross earnings of the company declined by 16.5% to N3.24bln from N3.88bln in the previous year. Profit Before Tax declined by 17% to N1.99bln from N2.39bln recorded in the previous year. Profit After Tax also declined by 17% to N1.67bln. Net Assets however grew marginally by 3.2% to N16.33bln from N15.83ln as at 30th June, 2018. Corporate Earnings For The Week Ending 190719 –
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Similarly, Transcorp Plc. declared N4.61bn PAT in its Q2 2019 results. In the same vein, CADBURY recorded 10.8% growth in earnings to emerge as the firm with highest growth in earnings while TRANSCORP records 30% negative growth in earnings to emerge as the firm with the least growth rate. TRANSCORP tops with the highest PAT figure while CADBURY declared the least.
