United Capital’s nine-month profit surges 72% as revenue hits N11.3 billion

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Pre-tax profit came to N7.1 billion, relative to the N4.1 billion recorded in the corresponding period of last year.

, which measures how much of revenue has translated to profit, stood at 52.7 per cent. That compares with the 49 per cent from a year earlier.successfully listed three series commercial papers worth N19.72 billion on the FMDQ Securities Exchange,” CEO Peter Ashade said in a separate document seen by PREMIUM TIMES.“This has further positioned us as a company to provide a wider range of wholesale financing solutions to our clients and complement funding base and support for all our businesses.

Shares in United Capital were quoted in Lagos at 12:30 WAT on Monday at N9.70 per unit, trading down 1.52 per cent.

 

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