UPDC Real Estate Investment Trust reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was NGN 725.72 million compared to NGN 652.54 million a year ago. Revenue was NGN 945.58 million compared to NGN 841.07 million a year ago.

Net income was NGN 620.98 million compared to NGN 540.61 million a year ago. Basic earnings per share from continuing operations was NGN 0.23 compared to NGN 0.2 a year ago.