Find attached a report analyzing UAC Properties Q1 results. Here are some highlights:

1. Turnover grew 52% to N1.64b.
2. 33% improvement in PBT margin as PBT grew 81% to N545.7m.
3. PAT grew 81% to 371m.
4. Reduction in the Total Cost as a percentage of turnover.
5. FSDH predicts that the company should surpass last year’s bottomline by a wide margin.
6. Income was from 2 major sources – business properties and residential properties.