United Capital Growth and Performance Report

United Capital 5.69 4.09 Gross Earnings N'Billion CAGR 13% Financial Review 6.24 5.97 Q3 2015 Q3 2016 Q3 2017 Q3 2018 United Capital Plc, over the past 4 years grew gross earnings by 13% CAGR. Other Income grew impressively by 47% in Q3 2018 to N1.12billion when compared with NO.76billion Q3 2017. The change was largely due to increase in dividend from equity investment and earnings on assets. Investment income, whilst still being the highest contributor to Net Operating income at 55% in Q3 2018, declined from 66% in Q3 2017. Net trading Income rose by 31% YoY to NO.12Billion in Q3 2018 as against N0.09 Billlion in Q3 2017. This was largely provoked by increase in financial assets for trading. www.unitedcapitalplcgroup.com 10

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