Tectono Business Review: UAC UNAUDITED RESULT FOR FIRST QUARTER

Friday 5 May 2017

UAC UNAUDITED RESULT FOR FIRST QUARTER

UAC OF NIGERIA PLC

UNAUDITED RESULT FOR FIRST QUARTER ENDED MARCH 31, 2017

The Directors of UAC of Nigeria Plc are pleased to announce the following Group unaudited result for the First Quarter ended March 31, 2017

	Q1 2017 N’000	Q1 2016 N’000
Revenue	24,972,577	17,666,099
Gross Profit	4,128,969	3,977,084
Operating Profit	1,770,077	1,662,715
Profit Before Tax	829,488	1,763,398
Income Tax Expense	(223,962)	(446,708)
Profit for the Year	605,526	1,316,690

The detailed accounts have been uploaded on the Company’s website: www.uacnplc.com

Larry Ettah

GMD/CEO

FRC/2013/IODN/00000002692

Abdul Bello

Executive Director/CFO

FRC/2013/ICAN/0000000724

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Friday 5 May 2017

UAC UNAUDITED RESULT FOR FIRST QUARTER

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