UAC expects lower profit
Nigerian
conglomerate UAC said on Wednesday it expected its pre-tax profit to
drop to 5.3 billion naira in the 9 months to September from 6.6 billion
naira in same period a year earlier.
The company, whose interests range from real estate to food
products, said in a filing to the Nigerian Stock Exchange that it
expected turnover to be 38.45 billion naira, compared to 41.98 billion
naira reported a year earlier.
Leave a Reply