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
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
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
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
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
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
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
Cipla Quality Chemical profits plunge in first full-year results
Cipla Quality Chemical Industries Limited, the drugmaker controlled by the Indian pharmaceutical giant Cipla Limited, reported a 14.2% fall in revenue for its first full-year results announcement since listing
Uganda Clays revenue rises but profit falls on higher costs
Uganda Clays Limited Tuesday said high costs incurred while trying to improve production efficiency and the increase in fuel prices, which pushed up distribution costs, offset higher sales in its most recent financial year
Stanbic profits in 2018 rise on recovery in interest income
Stanbic Bank Uganda said on Thursday that its profit in 2018 increased on a recovery in interest income, mainly driven by a rise in customer loans
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
