Corporate earnings and results
More Corporate earnings and results
Standard Chartered profits quadruple in 2016
Standard Chartered Bank reported profitability bouncing back in 2016 compared with 2015, as a big fall in loan loss provisions brought down total expenses.
Monitor, NTV revenue drops in tough media environment
Severe cost-cutting helped Nation Media Group limited to stem the bleeding from an 8% fall in revenues as a tough business environment hit the region’s largest media firm.
Higher finance costs and flat earnings dim Umeme’s profit
Umeme’s net profit fell 5.8% in 2016 to Shs99.7 billion, weighed down by higher financing costs and flat earnings, the power distributor said in full year results released on Monday.
Stanbic Bank reports 27% rise in 2016 profits
Stanbic Bank, Uganda's largest bank, has released financials for 2016 showing a 27% increase in net profit, a solid performance in a challenging year for the banking sector.
Dfcu Bank profits up 25% in 2016
Dfcu Bank Limited increased after-tax profit by 25% to Shs46.3 billion in the year to December 2016 despite a tumultuous year for the banking sector, according to summary financials released on Tuesday.
MTN posts first loss in 20 years
MTN Uganda's total revenue declined by 1.9% on the back of lower voice revenues depressed by the customer disconnections and the One Network Area in the East African Community where calls between member states are billed as local calls.
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.






