Market Status CLOSED Sunday 24 November 2024

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DFCU 2021 FULL YEAR RESULTS

The Board of Directors of DFCU Limited presents the 2021 consolidated financial results. DFCU demonstrated resilience in 2021 showing continued improvement in most of the top line figures driven by strong income growth and cost control. Operating income grew by 21% year on year while cost to income ratio improved to 50%, an indication that the Company is beginning to reap benefits due to efficiencies derived from its investment in technology and cost optimisation. 

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UMEME LIMITED AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

The Directors of Umeme Limited (‘’the Company’’) are pleased to present the audited financial statements for the year ended 31 December 2021. The financial results reflect our 2021 recovery strategy from the Covid-19 effects anchored on the delivery of the Concession mandate of investing in distribution grid expansion, network operation and maintenance, improving electricity distribution efficiency and reliability, customer grid connections and provision of technical and advisory services.

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