UPDC Real Estate Investment Trust reported earnings results for the nine months ended September 30, 2022. For the nine months, the company reported sales was NGN 966.8 million compared to NGN 931.14 million a year ago. Revenue was NGN 1,173.53 million compared to NGN 1,242.17 million a year ago.

Net income was NGN 737.82 million compared to NGN 896.31 million a year ago. Basic earnings per share from continuing operations was NGN 0.28 compared to NGN 0.34 a year ago.