UACN Property Development Company Plc announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was NGN 507.745 million compared to NGN 591.186 million a year ago. Operating loss was NGN 232.062 million compared to NGN 37.840 million a year ago. Net loss was NGN 1,024.395 million compared to NGN 893.684 million a year ago. Basic loss per share was NGN 0.39 compared to NGN 0.34 a year ago.