UAC of Nigeria PLC reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported sales was NGN 29,739.05 million compared to NGN 23,560.24 million a year ago. Net income was NGN 2,477.52 million compared to NGN 1,263.78 million a year ago. Basic earnings per share from continuing operations was NGN 0.86. Diluted earnings per share from continuing operations was NGN 0.86. Basic earnings per share was NGN 0.86 compared to NGN 0.44 a year ago. Diluted earnings per share was NGN 0.86 compared to NGN 0.44 a year ago.
For the full year, sales was NGN 101,106.79 million compared to NGN 81,357.96 million a year ago. Net income was NGN 2,387.85 million compared to NGN 2,617.43 million a year ago. Basic earnings per share from continuing operations was NGN 0.83. Diluted earnings per share from continuing operations was NGN 0.83. Basic earnings per share was NGN 0.83 compared to NGN 0.91 a year ago. Diluted earnings per share was NGN 0.83 compared to NGN 0.91 a year ago.