Union diagnostic and Clinics said its net profit for the full year 2016 rose by 67% year on year to NGN316.8 billion against NGN189.3 million recorded in 2015, which represents increase year on year comparison.
Total revenue for the year came in at NGN1.5 billion revenue compared to NGN1.2 billion recorded the same period 2015. Its costs of sales for the period was 734.7billion against 616.1billion recorded in 2015.
Gross profit to NGN805.7 million in contrast to NGN611.6 million in 2015. Its operating profit was 376.5 million against NGN242.5 million posted in 2015.
The company reported an increase in gross profit to NGN805.7 million in contrast to 611.6 million in 2015. It’s operating profit was 376.5 million against NGN242.5 million posted in 2015.
For the full year, NGN369.8 million was recorded as profit before tax compared to NGN231.8 million in 2015. Its total liabilities for the period was NGN106.0 million versus NGN308.4 million recorded in 2015.
Total asset rose to 4.1 billion against NGN4.0 billion recorded in the previous year.
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