UAC of Nigeria profit dips by 34% to N762.62 million in HY 2021.

UAC of Nigeria Plc released its unaudited financial results for the half year period ending 30th of June, 2021.

• Revenue for the period was N46.5 billion. (+26.9% YoY)
• Cost of sales was N38.2 billion. (+28.8% YoY)
• Administrative expenses totalled N3.92 billion. (+15.4% YoY)
• An operating profit of N1.7 billion was declared.
• Profit for the period was N762.62 million. (-34.1% YoY)
• Earnings per share of 5 kobo Vs 32 kobo YoY.

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