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
Stanbic’s digital push helps drive profit rise in 2017
Stanbic Bank Uganda touted the success of its digitisation strategy on Wednesday as operating costs fell 3.2% in 2017 compared to a 17.4% rise in the previous year
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
Umeme reports first half loss on provision for accrued revenues
Umeme Limited, Uganda's largest power distributor, reported a loss in the first half due to impairment provisions for accrued amounts from the government
Uganda Clays profit increases 70% in first six months of 2017
Uganda Clays Limited said on Wednesday that its half-year profit rose 70% in the first half of 2017, driven by a reduction in costs of production
MTN Uganda half year profit up on data and digital growth
Strong growth in data and digital services helped MTN Uganda increase revenue in the first half of 2017, according to interim results released by parent company MTN Group
Dfcu gets profit boost from Crane Bank acquisition
The first financials released by Dfcu Bank since its acquisition of Crane Bank this January show a rapid rise in the bank's profits and asset base
Stanbic profits in first half of 2017 drop on lower interest rates
Stanbic Bank, Uganda's largest bank by assets, reported a year-on-year fall in after-tax profit for the first half of 2017, which it said was emblematic of suboptimal growth in the banking sector
Uganda Clays returns to full-year profit in 2016
Uganda Clays returned to profitability in 2016, according to its results for the period, reversing a loss in 2015 that arose from interest payments on a shareholder's loan
Barclays profits dip slightly to Shs55bn
An increase in the expenses set aside for bad loans and customer defaults saw total expenses rise faster than revenue at Barclays Bank last year, leading to a slight decline in after-tax profits.
