United Capital grows profit by 67% to N1.66 billion in Q1 2021.

United Capital Plc has released its unaudited results for the first quarter of the year (Q1, 2021).

• Gross earnings for the period was N3.12 billion (+62.6% YoY)
• Fee and commission income of N1.3 billion. (+132.7% YoY)
• Net operating income was N3.1 billion. (+64.4% YoY)
• Total expenses of N1.15 billion. (+54.2% YoY)
• Profit for the period was N1.66 billion. (+67.3% YoY)
• Earnings per share of N1.11 Vs N0.66 YoY.

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