Corporate earnings and results
Bank of Baroda posts its strongest first-half profit since at least 2018
Bank of Baroda Uganda’s first-half profit rose 24.4% to Shs91.3bn in 2026, the highest in its published statements since 2018
NSSF pays a record 22.53%, partly from gains it has not banked
NSSF's record payout nearly doubles last year's, and we explain where the Shs5.44tn came from and what it means for next year
NIC’s loss narrows as its insurance business shrinks
NIC Holdings swung to a Shs2.5bn underwriting loss in the first half of 2026 as revenue fell 15.9 per cent, with Cornerstone's takeover awaiting approval
Will NSSF’s Ayota finally upstage Byarugaba?
NSSF's preliminary numbers support a 14.5% interest rate. Beating Byarugaba's 15% record would cost little more. Will Patrick Ayota take the shot?
Uganda Clays swings to profit on improved efficiency despite rising finance costs
Uganda Clays posts a marginal 2025 profit as costs fall and production stabilises, though finance costs remain a drag
New Vision swings back into profit in first half
Vision Group returns to profit in its first half as production cost cuts outweigh a 4.2% revenue decline, with operating cash flow swinging sharply positive
Stanbic trading desk powers record profit
Stanbic Uganda Holdings posted its strongest profit growth in three years in 2025, led by a surge in trading income and compressed interest margins
New Vision warns of third straight year of losses
New Vision Printing and Publishing Company sounded the alarm on profits on Friday, blaming a drop in newspaper sales and advertising revenue, as well as higher operational costs
Dfcu profit weighed down by higher expenses
Dfcu Limited has reported its first annual fall in profits for the first half of the year in three years, due to increased operating expenses and provisions for bad loans at its largest subsidiary, Dfcu BankMore Corporate earnings and results
Vision Group sees revenue fall on reduced circulation and low economic activity
A decline in revenue from commercial printing and circulation was the biggest contributor to the fall in net profit of New Vision Printing and Publishing Company Ltd in the half year to 31 December 2016, unaudited results released on Friday show.
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.
Post Office delivers Shs1bn profit as turn-around effort begins to pay off
Uganda Post Limited almost doubled its profit from Shs528 million to Shs1.1 billion in the financial year ended June 2016 but full recovery is still stuck in the post, bogged down by inadequate cash flows.
Printing keeps New Vision in black ink with Shs4.9bn profit
Profit before tax was flat at Shs7.4bn and the company had Shs5bn in cash and cash equivalents, down from Shs10.7bn at the end of last financial year. Cash from operating activities moved significantly from Shs14.1 billion in FY2014/15 to Shs2.5 billion.
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.
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.
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.
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.
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.
