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Impairment losses eat into dfcu’s half year profit

Impairment losses eat into dfcu’s half year profit

DFCU’s pretax profit dropped 48.68% to Ugx25.63 billion in the first six months of 2022 due to a 104.56% jump in impairment allowances to Ugx75.06 billion. According to International Accounting Standard (IAS) 36, impairment losses

Markets
Uganda Clays half year profit up 7% despite economic squeeze

Uganda Clays half year profit up 7% despite economic squeeze

Uganda Clays gross profit rose 7.07% to Ugx7.89 billion for the first six months ended June 2022 as production cost controls improved. Profit growth came as revenues climbed 2.95% to Ugx18.03 billion due to improved

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