Results & Dividends

UBA Capital Profit up 23.5 Percent in Q2

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By Yakubu LAAH InvestAdvocate
Lagos (INVESTADVOCATE)-UBA Capital Plc on Friday said its profit for the period climbed up 23.5 percent to N1.245 billion in the second quarter (Q2) of 2014 from N1.008 billion in the same period of 2013 according to its filing to the Nigerian Stock exchange (NSE).

Profit before tax (PBT) also increased 22.8 percent to N1499 billion in the Q2 of 2014 from N1.221 billion in the corresponding period of 2013.

Similarly, gross earnings grew 22.8 percent to N2.258 billion in the review period of 2014 from N1.839 billion in the Q2 of 2013.

At the close of business Friday on the floor of the Nigerian bourse, shares price of the company rose 1.34 percent as it opened trading at N2.24 and closed N2.27 gaining 3 kobo.

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