United Capital PLC 2023 AR2
The report highlights United Capital Plc's financial and operational performance for the fiscal year 2023. Despite macroeconomic challenges in Nigeria, the Group achieved a 71% year-on-year increase in gross earnings to N45.90 billion and a 28% increase in profit before tax to N17.30 billion. Total assets grew by 55% to N931.95 billion, driven by a significant increase in investment securities. The company also advanced its digital transformation, upgrading its IT infrastructure and launching the United Capital Global Fixed Income Fund. Additionally, United Capital continued its commitment to sustainability, focusing on stakeholder engagement, corporate governance, responsible investment, and environmental responsibility.
Company: United Capital PLC
Sector: Financials
Country: Nigeria
Year: 2023
Type: AR2
Pages: 192
United Capital PLC
Annual Report
The report highlights United Capital Plc's financial and operational performance for the fiscal year 2023. Despite macroeconomic challenges in Nigeria, the Group achieved a 71% year-on-year increase in gross earnings to N45.90 billion and a 28% increase in profit before tax to N17.30 billion. Total assets grew by 55% to N931.95 billion, driven by a significant increase in investment securities. The company also advanced its digital transformation, upgrading its IT infrastructure and launching the United Capital Global Fixed Income Fund. Additionally, United Capital continued its commitment to sustainability, focusing on stakeholder engagement, corporate governance, responsible investment, and environmental responsibility.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
No data available