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Sales slump impacts BATU’s first-half net profit
British American Tobacco Uganda said Friday that first half net profit fell 2.1 per cent from a year earlier, due to a decline in sales
September 1, 2023
Companies
Corporate earnings and results
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BATU profit drops for first time in five years
British American Tobacco Uganda, the cigarette distributor, reported a drop in after-tax profit last year amid "an exceptionally challenging operating environment" as weak consumer spending and "illicit trade" hit its sales
February 25, 2022
Companies
Corporate earnings and results
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BAT Uganda profits rise sharply on lower operating costs
British American Tobacco Uganda reported its strongest growth in profits in three years as cost-cutting measures in response to the Covid-19 pandemic more than made up for the hit to cigarette sales
February 12, 2021
Executive Profiles
Movers & Shakers
Profile: Mathu Kiunjuri, British American Tobacco Uganda’s managing director
Mathu Kiunjuri was named British American Tobacco Uganda's managing director in October 2017, replacing Dadson Mwaura. Before his elevation, he was the head of trade marketing and distribution at the company
March 29, 2020
Companies
Corporate earnings and results
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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
Companies
Corporate earnings and results
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Profit growth slows at British American Tobacco amid falling sales
In 2018, three years after a major restructuring that dragged the company's profits down in 2015 and 2016, British American Tobacco Uganda continued to grow revenue and profit, though at a slower pace than in the previous year
February 25, 2019
Companies
Markets
BAT Uganda’s half-year profits rebound on lower costs
British American Tobacco Uganda, the country's biggest cigarette importer and distributor, posted a bounce back in its half-year profits following the regularisation of its costs.
August 3, 2018
Companies
Politics & Policy
Government to continue with tax case against BAT Uganda
The government will continue pursuing a tax case against British American Tobacco Uganda, William Byaruhanga, the attorney general told Parliament on Tuesday
March 14, 2018
Companies
Corporate earnings and results
Markets
BAT profit rebounds on higher prices, lower costs
An increase in the prices of its cigarettes due to a rise in excise tax and lower operating costs saw British American Tobacco Uganda improve profitability in 2017, financials released by the company on show
February 14, 2018
Corporate earnings and results
Markets
BAT Uganda profits fall 25% as tax bites
British American Tobacco Uganda on Friday reported a 25% decline in net profit for the year ended December 2016, which it blamed on excise-driven price increases and a tough economy that led to a fall in disposable incomes.
February 17, 2017
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