UAC of Nigeria PLC reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported sales was NGN 31,412.4 million compared to NGN 30,009.1 million a year ago. Net loss was NGN 2,142.41 million compared to net income of NGN 1,896.58 million a year ago.

Basic loss per share from continuing operations was NGN 0.74 compared to basic earnings per share from continuing operations of NGN 0.66 a year ago. Diluted loss per share from continuing operations was NGN 0.74 compared to diluted earnings per share from continuing operations of NGN 0.66 a year ago. Basic loss per share was NGN 0.74 compared to basic earnings per share of NGN 0.66 a year ago.

Diluted loss per share was NGN 0.74 compared to diluted earnings per share of NGN 0.66 a year ago.