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Cipla Quality Chemicals posts loss as exports decline
Cipla Quality Chemical's exports fell sharply, largely as a result of suspending sales to the government of Zambia following delayed payments, leading to a decline in revenue and the company's first loss since listing in 2018
June 12, 2020
Companies
Corporate earnings and results
Standard Chartered reports strongest profits since 2016
Standard Chartered Bank Uganda's net revenue for 2019 grew at its fastest in three years as interest income rebounded, driven by interest from loans and advances, and from investment securities
May 24, 2020
Companies
Corporate earnings and results
Absa profits rebound on lending income boost
Absa Bank Uganda Limited, formerly known as Barclays Bank of Uganda, returned to profit growth in 2019 on the back of stronger growth in lending income and a rebound in interest from trading securities
May 23, 2020
Companies
Corporate earnings and results
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Fall in profits at Bank of Baroda on slowdown in interest income
Bank of Baroda suffered a large decline in profitability in 2019, reflecting the impact of a rise in expenses and a slowdown in interest income
April 8, 2020
Companies
Corporate earnings and results
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Dfcu profit rebounds as revenues recover
Dfcu Bank has reported a large rebound in profitability helped by strong growth in fees and commissions income, with the company's results boosted further by a drop in operating expenses
April 2, 2020
Companies
Corporate earnings and results
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Stanbic Bank earnings rise on robust trading gains
Stanbic Bank Uganda reported its strongest annual profitability in three years, boosted by a continued rebound in interest income and a large rise in gains from trading securities
March 26, 2020
Companies
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Energy, Oil & Gas
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Umeme posts record revenue growth in 2019
Umeme Limited said on Monday that revised tariff performance parameters negotiated with the regulator helped soften the impact of weak performances in the second and third quarters of 2019, with the company's results boosted further by reining in costs
March 24, 2020
Companies
Corporate earnings and results
Markets
MTN Uganda profits surge on subscriber growth
Telecoms firm MTN Uganda reported on Wednesday strong growth in full-year revenue and operating profit, helped by increases in income from outgoing voice calls, data revenue, and mobile money revenue
March 11, 2020
Companies
Corporate earnings and results
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Vision Group posts first-half rebound in profit on stronger advertising revenue
Vision Group reported a rebound in revenue and profits in the first half of 2019/2020, underpinned by growth in advertising revenue and a reduction in the cost of sales
February 21, 2020
Companies
Corporate earnings and results
Markets
Stronger sales boost BAT Uganda 2019 profit, revenue
British American Tobacco Uganda posted a strong jump in 2019 profit as its rebranded cigarettes drove an increase in sales, according to financials released on Monday
February 17, 2020
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