UAC of Nigeria PLC reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was NGN 25,762.7 million compared to NGN 24,868.24 million a year ago. Net loss was NGN 830.04 million compared to NGN 245.7 million a year ago. Basic loss per share from continuing operations was NGN 0.29 compared to NGN 0.08 a year ago. Diluted loss per share from continuing operations was NGN 0.29 compared to NGN 0.08 a year ago. Basic loss per share was NGN 0.29 compared to NGN 0.08 a year ago. Diluted loss per share was NGN 0.29 compared to NGN 0.08 a year ago.
For the nine months, sales was NGN 77,804.84 million compared to NGN 71,367.74 million a year ago. Net loss was NGN 1,356.78 million compared to NGN 89.68 million a year ago. Basic loss per share from continuing operations was NGN 0.46 compared to NGN 0.03 a year ago. Diluted loss per share from continuing operations was NGN 0.46 compared to NGN 0.03 a year ago. Basic loss per share was NGN 0.47 compared to NGN 0.03 a year ago. Diluted loss per share was NGN 0.47 compared to NGN 0.03 a year ago.