United Capital Plc has released its unaudited financial results for the half year (H1) period ended June 30, 2025. The group recorded impressive year-on-year (YoY) revenue growth of 57 percent from N15.15billion in H1 2024 to N23.76 billion in H1 2025.
This remarkable performance is a result of the group’s strong execution capability and improved risk management framework.
United Capital Plc sustained its strong profitability momentum in H1 2025, with profit before tax rising by 52 percent year-on-year to N13.79 billion, and profit after tax increasing by 54 percent to N11.89 billion. Shareholders’ funds also grew by 25 percent to N166.91 billion.
This impressive performance underscores the Group’s consistent growth trajectory, operational stability and prudent resource management despite the volatile operating environment.
In line with the group’s promise to continually delight and increase the wealth of its shareholders, the group announced payment of interim dividend of N5.4billion representing 30kobo for every 50kobo ordinary share subject to withholding tax.
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Commenting on the Group’s performance, Peter Ashade, Group Chief Executive Officer, United Capital Plc said, “I am pleased to inform all stakeholders that United Capital Plc ended the first half of the year on a strong and positive note, continuing our track record of excellence and strong financial performance, as demonstrated by our remarkable earnings growth and robust performance across key financial metrics, despite the prevailing macroeconomic challenges and market volatility”.
He said, “During the period under review, we recorded significant financial growth, with gross earnings increasing by 57 percent year-on-year to N23.76 billion. Profit before tax grew by 52 percent year-on-year to N13.79 billion, profit after tax rose by 54percent year-on-year to N11.89 billion while shareholders’ funds grew by 25 percent year-to-date to N166.91 billion, a testament to the strength of our capital base and the confidence reposed in us by our investors.
“These results reflect the resilience of our business model, the dedication of our people, and the effective execution of our strategy across our business lines.
“As we look ahead to the second half of the year, we remain focused and firmly committed to sustaining this strong performance. With a solid foundation, a clear strategic direction and our retail and Pan-African play in full-force. United Capital is well-positioned to continue delivering superior returns to shareholders and providing best-in-class solutions to all our stakeholders,” he said.
With the group’s foray into the Pan African landscape, United Capital is poised to be the leading investment services group in Africa with focus on delivering exceptional service across all our touchpoints.
