United Capital Plc has reported its 2023 FY results showing a gross earnings of N45.9 billion up 71% from the year before.
The company also reported a profit after tax of N11.42 billion representing an 18% rise year on year from the N9.66 billion reported a year earlier.
Key highlights 2023 FY vs 2022 FY
Commentary: The company’s Gross Earnings largely driven by growth in Net trading income (+63% year-on year) and other income (+865% year-on-year).