Tuesday , March 19 2024
Home / Tag Archives: profit

Tag Archives: profit

BAT net profit down 9% to Shs8.9bn

The company continues to demonstrate resilience amidst a challenging operating environment, characterised by a high prevalence of illicit trade Kampala, Uganda | JULIUS BUSINGE | Cigarette seller, British American Tobacco has reported a reduction in net profit from Shs9.8bn for the year ended December 2022 to Shs8.9bn for the year ended …

Read More »

BAT Uganda net profit down 2% to Shs3.8bn

Illicit cigarette inflows continue to be the biggest headache to the country’s product distributor Kampala, Uganda | JULIUS BUSINGE | BAT Uganda, a distributor and seller of cigarettes in Uganda has reported a 2% decline in net profit to Shs3.8 billion for the six months of this year ending June 30, …

Read More »

Stanbic Bank reports 23.5% rise in H1 profit

This comes as the economy continues to recover from the consequences of the Covid 19 pandemic, the Russia-Ukraine war, and the tightening of global financing conditions Kampala, Uganda |  THE INDEPENDENT | Uganda’s biggest bank, Stanbic Bank, has reported a 23.5% rise in the first-half profit after tax to Shs 200bn …

Read More »

Umeme makes record revenues in Half Year Results

Kampala, Uganda | THE INDEPENDENT | With barely 18 months to run out its 25-year concession, power distributor, Umeme Ltd has made a 49 percent growth in operating profit for the first half ended June 2023. The company attributed the profit before amortisation and impairment, tax, and interest of 243,530 billion …

Read More »

MultiChoice Africa returns to profitability, affirms commitment to African entertainment

Despite challenging market conditions, MultiChoice Africa’s unwavering dedication to telling African stories and its ongoing investment in local content has been a driving force behind its success in a highly competitive sector Johannesburg, South Africa | THE INDEPENDENT |  MultiChoice Africa Holdings  has demonstrated remarkable resilience and achieved profitability, solidifying …

Read More »