UMEME LIMITED 2018 FINANCIAL RESULTS
As a result of our investments strategy and operational performance, we registered growth in financial performance for the year ended 31 December 2018.
Whereas electricity sales increased by 13% to UShs 1,601 billion in the year 2018, net revenues (after adjustments) increased by 0.8% to 1,493 billion in 2018 compared to 2017. The growth in electricity sales was driven by increased demand and tariff applicable during the year