Mar 3 • 00:12 UTC 🇳🇬 Nigeria Punch

United Capital grows revenue 35% to N58.55bn

United Capital Plc reported a 35% increase in revenue for 2025, reflecting strong performance across its business lines.

United Capital Plc has demonstrated impressive financial growth, reporting a 35% increase in revenue, which rose from N43.43 billion in 2024 to N58.55 billion in 2025. This significant growth was detailed in their Audited Financial Results submitted to the Nigerian Exchange Limited. The company attributed this performance to enhanced execution capabilities, a diversified revenue base, and resilience across various business lines, underscoring the effectiveness of its strategic initiatives.

A key driver of this revenue increase was a remarkable 176% surge in net trading income year-on-year, complemented by a 59% rise in fee and commission income. The company's profitability metrics also showed positive trends, with profit before tax increasing by 37% to N41.18 billion, and profit after tax seeing a 17% rise to N28.15 billion. Total comprehensive income for the year reached N30.97 billion, reflecting solid financial health amid a challenging operational environment.

In light of these results, United Capital has reaffirmed its commitment to maintaining its growth trajectory and boosting shareholder wealth. The results indicate a strong underlying business model that is prepared to adapt and thrive despite external pressures. The company also emphasized its dedication to shareholders, evident in its forthcoming dividend announcements, which aim to reward investors in alignment with their performance improvements.

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