Market Status CLOSED Wednesday 24 April 2024

News

DFCU 2020 FULL YEAR RESULTS

The company remained well capitalized with capital ratios of 19.34% and 20.94% for tier one and two capital respectively. Liquidity position remained strong with an average liquid assets ratio above 35%. Considering this robust liquidity, strong equity shareholders and healthy capital position, the Board has recommened a dividend payout to the shareholders.

For more details, please follow the link below.   

https://www.use.or.ug/uploads/announcements/DFCU%202020%20FINANCIALS%20.pdf

UMEME CAUTIONARY ANNOUNCEMENT

The Board of Directors (the “Board”) of Umeme Limited wishes to inform the shareholders of the Company, prospective investors, and the general public that based on the assessment of the Company’s performance for the year ending 31st December 2020, it is expected that the Company’s net profit will decline by more than 60% compared to the year ended 31st December 2019.

For more details please see attached announcement.

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