WorldStage Newsonline– United Capital Plc, a leading Pan-African financial and investment services group has announced its Unaudited Financial Statements for the period ended March 31, 2022 with 39% rise in profit year-on-year to N2.31 billion.
Gross earnings was up 35% year-on-year to N4.21bn while profit before tax (PBT) grew by 36% year-on-year to N2.69 billion.
Speaking on the unaudited financial results, Professor Chika Mordi, the Board Chairman stated: “United Capital is on a remarkable growth path as reflected in our strong financial results in Q1- 2022. We remain uniquely positioned to increasing value delivery to all our stakeholders.”
Commenting on the Group’s performance, the Group Chief Executive Officer, Mr. Peter Ashade said, “As a financial market player, capital market operator, investment manager, and consumer lender, we play a unique role in expanding service offerings in the financial services ecosystem while creating and distributing wealth amongst diverse stakeholders.
“United Capital is on a sustainable growth trajectory driven by increasing patronage and expanded activities across all our businesses, and market segments that we serve.
“We kicked-off the year 2022 on a sure footing and we are poised to deliver new services and expand into new markets to grow our businesses in line with our three-year growth strategy.”
