Results & Dividends

Union Homes Post N3.258 Billion Loss in 2013

Posted by InvestAdvocate on

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By InvestAdvocate

Lagos (INVESTADVOCATE)-Union Hones Savings & Loans Plc on Monday posted a loss of N3.258 billion in its 2013 audited year end.

The company had in the same period of 2012 declared a loss of N6.0 billion; indicating it is trying to scale down on its losses.

The primary mortgage institution said its interest income increased from N6.011 billion in 2012 to N6.617 billion in the review period of 2013; showing a 10.1 percent growth.

 

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