UACN Property Development Company Plc announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was NGN 72.438 million compared to NGN 239.741 million a year ago. Operating loss was NGN 213.042 million compared to NGN 39.447 million a year ago. Net loss was NGN 420.155 million compared to NGN 2,645.440 million a year ago. Basic loss per share was NGN 0.02 compared to NGN 1.01 a year ago. Basic loss per share from continuing operations was NGN 0.02 compared to NGN 0.99 a year ago.