Gross revenue reduced by 41% to Ushs 45.2 billion, driven by a decline in sales volume attributable to the challenging trading environment. Excise Duty and Value Added Tax (VAT) decreased by 41% to Ushs 23.3 billion due to the lower sales volume. Consequently, net revenue declined by 40% to Ushs 21.9 billion.
For more details please see attached document.
