UC Asset, LP (UCASU)
- GlobeNewswire
UCASU to deliver $0.10/share dividend in coming weeks out of $0.12/share net profit
Atlanta, May 17, 2022 (GLOBE NEWSWIRE) -- UC Asset LP (OTCQX: UCASU) announces that it will start to deliver $0.10/share dividend for its shareholders who held UCASU common shares by December 31, 2021. “Our shareholders can expect receiving checks in the coming weeks, since our 2021 financial statements have completed being audited, and we have filed our annual report on Form 1-K by the end of last week,” declares Greg Bankston, managing partner of UC Asset. For the year of 2021, UC Asset report
- GlobeNewswire
UCASU projects profit growth despite looming economic recession concerns
Atlanta, GA, May 11, 2022 (GLOBE NEWSWIRE) -- At a time when many financial analysts are predicting an impending recession, global real estate firm UC Asset (OTCQX: UCASU) is pleased to restate that the company is positioned to deliver considerable profit growth over the upcoming years. “We are of course hoping against the projected recession many financial analysts are forecasting,” says UC Asset founder Larry Wu, “but we are relieved that, due to our forward thinking strategy of building the m
- GlobeNewswire
UCASU to report 330% net profit growth and 73% operating profit growth for 2021
Atlanta, May 05, 2022 (GLOBE NEWSWIRE) -- UC Asset LP (OTCQX: UCASU) management announces that the company is expected to report better profit results for both its fiscal years of 2021 and 2020, after the Company switched its accounting method from fair market value accounting to historical cost accounting. Particularly, the company is expected to report an operating profit increase of 73% in fiscal year 2021 over fiscal year 2020. During the same period, the company is expected to report a net
