United Capital Reports 32% Profit Increase and 47% Gross Earnings Growth in Nine Months
United Capital, a leading investment firm in Nigeria, announced a 32% increase in profit to N21.2 billion for the nine months ending September 30th, 2025. The company's gross earnings grew by 47% to N41.54 billion compared to the same period in 2024.
Peter Ashad, the Group CEO, highlighted the firm's resilience and strong performance despite challenges. Total assets grew to N1.87 trillion, with a 72% increase in shareholder funds.
Operating income surged by 68% to N37.60 billion. United Capital's financial results underscore its robust performance in the face of economic headwinds.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
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