Kampala, Uganda | JULIUS BUSINGE | ABC Capital Bank Limited has reported a sharp recovery in profitability, posting a 285% increase in net profit (profit after tax) to Shs 520 million in 2025, up from Shs 135 million in 2024, marking a strong turnaround driven by digital investment, governance reforms, …
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TOKYO, JAPAN | Xinhua | Toyota Motor Corp. on Thursday revised its net profit forecast for the current fiscal year ending March 2026 downwards to 2.66 trillion yen (about 18 billion U.S. dollars) due to higher U.S. auto tariffs. The full-year net profit estimate marked a 44.2 percent drop from …
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Kampala, Uganda | THE INDEPENDENT | dfcu Bank has recorded a robust 45% increase in net profit to Shs 42 billion for the first half of 2024, buoyed by significant reductions in credit losses and strategic cost management. This marks a substantial rise from Shs 29 billion in the same period …
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Kampala, Uganda | THE INDEPENDENT | MTN Uganda has announced a significant 29.7% increase in net profit to Shs 295.7 billion for the half-year ended June 2024, driven by robust growth in voice, data, and fintech services. The telecom company’s voice revenues rose by 15.1% to Shs 626.7 billion, while data …
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The Independent Uganda: You get the Truth we Pay the Price
