UACN Plc is a holding company, which engages in the food and real estate sectors of the economy. It operates through the following segments: Animal Feeds and Other Edibles, Paints, Packaged Food & Beverages, Quick Service Restaurants, and Others. The Animal Feeds and Other Edibles segment manufactures and sells animal feeds, cereal, and edible oil. The Paints segment produces paint products and other decorative. The Packaged Food segment distributes bottled water, snacks, fruit juices, and ice cream. The Quick Service Restaurant segment is involved in making and marketing food items. The Others segment refers to the corporate head office. The company was founded on April 22, 1931 and is headquartered in Lagos, Nigeria.
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Financial position and solvency of the company