United Capital Plc has announced its Audited Financial Results for the year ended December 31, 2024. Profit Before Tax (PBT) grew by 74 percent year-on-year to N30.10 billion, Profit After Tax (PAT) increased by 111 percent year-on-year to N24.10 billion, total asset rose by 83 percent year-on-year to N1.70 trillion while shareholders’ funds grew by 47 percent year-on-year to N133.50 billion.
While commenting on United Capital Group’s FY-2024 Audited Financial Statements, Chika Mordi, chairman, United Capital Plc said “United Capital Group held true to its philosophy of creating shared prosperity by delivering record profitability and significant corporate actions which culminated in increased total dividend payout to N14.4billion for the 2024 financial year, up 33 percent year-on-year from N10.8billion payout in 2023”.
“We will continue to strengthen governance frameworks across the Group to protect investors’ assets and sustain superior value delivery to our stakeholders well into the foreseeable future.