UACN Property Development Company Plc announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was NGN 106.803 million compared to NGN 984.684 million a year ago. Operating loss was NGN 182.546 million compared to operating Income of NGN 186.594 million a year ago. Net loss was NGN 1,324.640 million compared to NGN 179.389 million a year ago. Basic loss per share from continuing operations was NGN 0.15 compared to NGN 0.06 a year ago. Basic loss per share was NGN 0.15 compared to NGN 0.07 a year ago. For the half year, sales was NGN 346.544 million compared to NGN 1,492.429 million a year ago. Operating loss was NGN 221.993 million compared to NGN 45.468 million a year ago. Net loss was NGN 2,898.285 million compared to NGN 1,281.523 million a year ago. Basic loss per share from continuing operations was NGN 0.33 compared to NGN 0.49 a year ago. Basic loss per share was NGN 0.34 compared to NGN 0.55 a year ago.