UCASU reports unaudited $0.13 per share net profit

March 3, 2022 -- InvestorsHub NewsWire -- via MoneyChatsGroup 

UC Asset LP (OTCQX: UCASU) management team announces that the company's unaudited financial report shows a $0.13 per share net gain for the year of 2021.  This meets the company's earlier projection of $0.10-$0.15 per share net profit.

According to the company, its net equity grew to $1.72 per share pre-dilution by end of the year 2021, up from $1.58 per share by end of the year 2020, representing a $0.14 per share net gain over 12 months. After fully diluted, net equity per share grew from $1.54 to $1.67, representing a $0.13 per share net gain.

The company will distribute $0.10 per share cash dividend for all its shareholders as of December 31, 2021.

Full text of UC Asset's news release can be found at:

UCASU announces unaudited $0.13 per share net gain for 2021 and confirms $0.10 per share dividend (yahoo.com)

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SOURCE: MoneyChatsGroup