Close
Company Results

2020 FY Results: UPDC Real Estate Investment Trust records over 500% growth in Profit after tax.

UPDC Real Estate Investment Trust released its audited full-year results for the period ended 31st of December, 2020. Total revenue for the period was N2.42 billion. (+2,279% YoY) Rental Income was N1.5 7 billion. (-7.1% YoY) Operating expenses totalled N480.5 million. (-11.5% YoY) Profit after tax was N1.93 billion. (+530.1% YoY) Earnings per unit of […]

Chidi Emenike

1 min read

Google LogoFollow Us on Google Discover

UPDC Real Estate Investment Trust released its audited full-year results for the period ended 31st of December, 2020.

  • Total revenue for the period was N2.42 billion. (+2,279% YoY)
  • Rental Income was N1.5 7 billion. (-7.1% YoY)
  • Operating expenses totalled N480.5 million. (-11.5% YoY)
  • Profit after tax was N1.93 billion. (+530.1% YoY)
  • Earnings per unit of 72 kobo. (+523.5% YoY)

See link to results.

RELATED TAGS

Google LogoFollow Us on Google Discover

Telegram Channel

Follow Nairametrics


Comments 0

  1. Favour

    How do one join this housing investment?

    Reply

      2. Warning: Undefined variable $post_id in /var/www/nairametrics/wp-content/themes/nairametrics/comments.php on line 134

      Warning: Undefined variable $post_id in /var/www/nairametrics/wp-content/themes/nairametrics/comments.php on line 134

      Leave a Reply

      Your email address will not be published. Required fields are marked *

Related Stories