By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE)- Financial and investment services company, United Capital Plc said on Monday its half year (H1) pretax profit for the period ended June 30, 2015 declined 40.14 percent to N188.2 million from N314.3 million recorded a year earlier.

Profit after Tax (PAT) also dipped 42.30 percent to N150.53 million from N260.92 million reported the same period of 2014.

Similarly, gross earnings depreciated from N572.02 million in the second quarter (Q2) of 2014 to N527.43 million in the corresponding period of 2015; depreciating by eight (8), the financial and investment services firm said in a filing with the Nigerian Stock Exchange (NSE).