Tuesday, 12 October 2010 By Moses Ebosele

FOR the fourth quarter ending December 31, 2010, UTC Nigeria Plc has put structures in place, aimed at achieving a turnover of N870.0 million.

According to the company in its forecast to the Nigerian Stock Exchange (NSE), profit after tax of N72.7 million is also expected within the period.

 

Also in its forecast to the NSE for the period, Julius Berger Nigeria Plc announced a turnover of N158 billion and profit after tax of N4.1 billion.
Meanwhile, Aso Savings and Loans Plc notified the Exchange that its audited accounts for the year ended March 31, 2010, is currently being audited.

 

The company expects the completion of the audit exercise, as well as the approval by the Central Bank of Nigeria to take place before the end of November 2010, after which the accounts would be submitted for presentation to the market.

 

In a related development, Union Diagnostics and Clinical Services Plc, its audited result for the year ended December 31, 2009 recorded a turnover of N684.8 million against N1 billion posted in the comparable period in 2008.  

 

    
The company’s profit after tax and extra-ordinary items stood at N110.3 million from N370.1 million in 2008.

 

Audited result of Staco Nigeria Plc for the year ended December 2009 showed a gross premium of N5 billion higher than N4.3 billion in the comparable period in 2008 while profit after tax stood at N433.2 million compared to N542.2 million in 2008.    

 

  
Audited result of Scoa Nigeria Plc for the year ended December 31,2009 showed a turnover of N3.6 billion, up from N3 billion posted in the comparable period in 2008.

 

The company’s profit after tax also increased to N714.2 million, from N231.9 million in 2008.?   Sovereign Trust Insurance Plc’s audited result for the year ended December 31, 2009 showed gross premium of N4.4 billion, over N3.8 billion recorded in 2009 while profit after tax stood at N4.2 million compared to N360.8 million in 2008.

 

 

Source: Guardian