Union Homes posts NGN196.6 million income in nine months

Union Homes

Union Homes real estate investment Trust said its net income for the nine months of the year increased by 14% to NGN196.6 million compared to NGN171.4 million reported in the same period in 2016.

The company delivered NGN355.2 million total income for the period in contrast to NGN310.3 million posted in the previous year.

Union Homes real estate investment trust said its total assets for the period was NGN13.2 billion compared to NGN12.9 billion recorded in 2016 while total liabilities was NGN659.4 million versus NGN579.5 million in the year before.

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