UAC of Nigeria Plc announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was NGN 23,796.723 million compared to NGN 22,381.906 million a year ago. Operating income was NGN 1,624.531 million compared to NGN 1,126.601 million a year ago. Net income was NGN 1,688.716 million compared to NGN 841.705 million a year ago. Basic earnings per share was NGN 0.58 compared to NGN 0.3 a year ago. Basic earnings per share from continuing operations was NGN 0.61 compared to NGN 0.13 a year ago. For the full year, sales was NGN 81,594.445 million compared to NGN 79,202.140 million a year ago. Operating income was NGN 3,641.973 million compared to NGN 5,666.413 million a year ago. Net income was NGN 3,042.370 million compared to net loss of NGN 5,307.933 million a year ago. Basic earnings per share was NGN 1.06 compared to basic loss per share of NGN 1.83 a year ago. Basic earnings per share from continuing operations was NGN 0.85 compared to NGN 1.32 a year ago.