UAC of Nigeria PLC reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was NGN 28,657.36 million compared to NGN 25,762.7 million a year ago. Net income was NGN 5,650.76 million compared to net loss of NGN 830.04 million a year ago. Basic earnings per share from continuing operations was NGN 1.93 compared to basic loss per share from continuing operations of NGN 0.29 a year ago. Diluted earnings per share from continuing operations was NGN 1.93 compared to diluted loss per share from continuing operations of NGN 0.29 a year ago. Basic earnings per share was NGN 1.93 compared to basic loss per share of NGN 0.29 a year ago. Diluted earnings per share was NGN 1.93 compared to diluted loss per share of NGN 0.29 a year ago.
For the nine months, sales was NGN 81,527.5 million compared to NGN 77,804.84 million a year ago. Net income was NGN 7,199.54 million compared to net loss of NGN 1,356.78 million a year ago. Basic earnings per share from continuing operations was NGN 2.46 compared to basic loss per share from continuing operations of NGN 0.46 a year ago. Diluted earnings per share from continuing operations was NGN 2.46 compared to diluted loss per share from continuing operations of NGN 0.46 a year ago. Basic earnings per share was NGN 2.46 compared to basic loss per share of NGN 0.47 a year ago. Diluted earnings per share was NGN 2.46 compared to diluted loss per share of NGN 0.47 a year ago.