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Corporate earnings and results
NIC reports 132% growth in half year profit
NIC Holdings Limited (NIC) reported a 132.81% growth in half year profit to Shs4.44 billion ($1.31 million) compared to Shs1.91 billion in the first half of 2015, unaudited results released on Monday show.
September 27, 2016
Corporate earnings and results
Markets
Umeme HY2016 profit falls to Shs54.5bn on financing costs
Umeme’s revenue grew 20.3% to Shs658.7 billion ($195.5m) in the first half of 2016 on higher power sales but net profit fell from Shs67.6bn to Shs54.5bn ($16.2m) on increased financing costs and a normalised tax rate, half-year results released today show.
September 5, 2016
Corporate earnings and results
Markets
Ray of sunshine for Uganda Clays after Shs1.3bn profit in HY2016
Roofing tiles maker Uganda Clays Limited (UCL) returned to profitability in the first half of 2016, posting a Shs1.3 billion ($0.38 million) profit reversing a similar loss from the same period in 2015, according to unaudited financials released by the firm.
August 31, 2016
Companies
Corporate earnings and results
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Data adds to MTN Uganda profit as voice calls slow
MTN Uganda shrugged off a difficult last quarter of 2015 to grow its subscriber base by 10.8% to just under 10 million customers in the first six months of 2016, interim half-year results by parent company MTN Group show.
August 23, 2016
Companies
Corporate earnings and results
Markets
Dfcu profits rise 70.71% in first half of 2016
Dfcu bank on Friday released provisional half-year results showing a 70.71% growth in net profit and 20.08% growth in net income. Net profit for the period was Shs23.32 billion compared Shs13.66 billion for the first half of 2015.
August 20, 2016
Companies
Corporate earnings and results
Markets
Stanbic Bank Uganda half-year profits up 57%
Stanbic Bank Uganda has released unaudited half year results showing net profit up 56.9%, while total operating income rose 28%.
August 10, 2016
Companies
Corporate earnings and results
Markets
BAT Uganda profits fall following major restructuring
British American Tobacco Uganda Limited reported a 52% decline in half year profits on Thursday, reflecting the change in its business model that saw the company discontinue its leaf business.
July 28, 2016
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