March 30, 2017/InvestmentOne Research

UACN released its Q4 2016 results earlier today.

Please find key highlights of the Q4 2016 results below:

·         Revenue  of N26.9bn, up  +28.7% q/q; up +45.1% y/y

·         Profit before tax of N1.5bn, declined by -37.5% q/q; -70.9% y/y

·         Profit after tax of N1.3bn, down -22.8% q/q; -68.4% y/y

Please click to download a copy of the financial statements.