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Half year results

Manufacturing plant belonging to Uganda Clays Limited

Uganda Clays swings to first-half loss as equipment failures hit sales

Buildings material company Uganda Clays swung to a first-half loss in the first six months of the year as “frequent machinery breakdowns” dented production and resulted in lower sales
Two men holding a tobacco seedling

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

Dfcu profit rebounds following drop in bad debt provisions

Prudent loan approach and lower bad debt provisions boost net profit at lender
Umeme Limited's service centre in Jinja

Umeme’s revenues rebound, profit takes a hit from write-off

The company announced a dividend of Shs24 per share to be paid by 29 February 2024
Baked clay construction materials at a factory

Uganda Clays issues profit warning as product shortages hit results

Building materials company blames equipment breakdowns and challenging economic conditions for first-half woes

New Vision swings back to half-year profit on government contracts

New Vision Printing and Publishing Company returned to profitability in the second half of 2021 as contracts from the government to publish educational materials and textbooks boosted revenue
Vision Group Properties

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

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

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.

More Half year results

28 September 2016

Bank of Baroda half year profit up 28%

Bank of Baroda Uganda posted after-tax profits of Shs24.98 billion in the first half of this year compared to Shs19 billion in the same period last year, a growth of 28.59%, according to unaudited results released today.

27 September 2016

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.

An office tower in Kampala
5 September 2016

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.

31 August 2016

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.

23 August 2016

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.

MTN Offices in Kampala
20 August 2016

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.

10 August 2016

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%.

A Stanbic Bank branch in Kampala
28 July 2016

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.