RESILIENCE: Stanbic records UGX. 162b half year net profit
Stanbic Uganda Holdings Limited Chief Executive Andrew Mashanda speaking during the release of the half year performance
In spite of an unpredictable operating environment characterized by global price instability and a tightening of monetary policy by Bank of Uganda to curb imported inflationary pressures, Stanbic Uganda Holdings Limited (SUHL) reported a half year profit-after-tax of UGX162 billion ending June 30, 2022.
This is up from UGX158 billion recorded during the same period last year, indicating a 4.7%
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