UPDC

UPDC Interest Expense

The Interest Expense of UPDC (UPDC.NL) as of Oct 22, 2026 is 162.14 M NGN. In the previous year, Interest Expense was -183.66 M NGN — a change of -188.28% (higher).

Interest Expense

162.14 MNGN

YoY

-188.28%

Last updated:

Interest Expense of UPDC is 2024 162.14 M NGN. Interest Expense of UPDC was 2023 -183.66 M NGN. It decreases by -188.28% higher compared to the previous year.

The UPDC Interest Expense history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Expense
Date
Interest Expense
Jan 1, 2017
-2.69 B NGN
Jan 1, 2018
-4.66 B NGN
Jan 1, 2019
-2.07 B NGN
Jan 1, 2020
-1.68 B NGN
Jan 1, 2021
-433.32 M NGN
Jan 1, 2022
-377.25 M NGN
Jan 1, 2023
-183.66 M NGN
Jan 1, 2024
162.14 M NGN
The UPDC Interest Expense history
YEARInterest ExpenseYoY
162.14 MNGN-188.28%
-183.66 MNGN-51.32%
-377.25 MNGN-12.94%
-433.32 MNGN-74.27%
-1.68 BNGN-18.46%
-2.07 BNGN-55.72%
-4.66 BNGN+73.56%
-2.69 BNGN-337.74%
1.13 BNGN—

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UPDC Stock analysis

What does UPDC do? UPDC Plc generates revenue through the acquisition, development, sale, and management of commercial and residential properties across Nigeria. The company focuses on highbrow and middle-income segments, offering services such as property development, facility management, development management, advisory services, and asset management. Its subsidiary UPDC Facility Management Limited provides facilities management services to residential and commercial properties, catering to clients in the residential, commercial, retail, and hospitality sectors. The firm's main revenue streams come from property sales, management fees, and advisory services within Nigeria's real estate market. UPDC Plc targets clients in the highbrow and middle-income real estate segments, including residential and commercial property owners seeking management solutions. The company's services are tailored to the residential, commercial, retail, and hospitality sectors, with a focus on serviced properties. Its subsidiary UPDC Facility Management Limited handles day-to-day facility operations, supporting clients across these sectors through comprehensive management solutions. The company's business model revolves around developing and managing properties for sale or lease, with a strong emphasis on serviced commercial and residential properties. Revenue is derived from property transactions, management contracts, and advisory services. UPDC Plc's operations are concentrated in Nigeria, where it serves the residential, commercial, retail, and hospitality sectors through its core services and subsidiary. UPDC is one of the most popular companies on Eulerpool.

Frequently Asked Questions about UPDC stock

Interest Expense of UPDC is 162.14 M NGN in 2024.

Interest Expense of UPDC changed from -183.66 M NGN to 162.14 M NGN, representing a -188.28% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Expense UPDC since 2006 – with annual values, charts, and detailed analysis.

Interest expense represents the cost of borrowing. Higher interest expenses can indicate a highly leveraged company.

Interest Expense's NGN is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Interest Expense's UPDC historically and in real time.

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Income Statement — UPDC

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