Results & Dividends

UBA Capital Profit Grows 213% in 2013

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By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE)-Financial and Investment Services Company, UBA Capital Plc said it has grown its pre-tax profit by 213 percent (213%) for its 2013 audited year end.

To record this growth in pre-tax profit, the company in 2012 declared N845 million compared to N2.639 billion in 2013 end.

UBA Capital also recorded a post-tax profit of N2.083 billion in its 2013 audited year end compared to N1.418 billion in 2012; indicating an increase of 47%.

Similarly, gross earnings rose 241% in the review period as the company reported N4.573 billion in 2013 compared to N1.342 billion in the same period of 2012.

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