Umeme Limited 2023 Interim Results For The Half Year

Umeme Limited (UMEME.ug) HY2023 Interim Report

By Published On: August 28, 2023TYPE: Interim ReportsYear: 2023Period: HYCountry: UgandaSector: Energy

Umeme Limited (UMEME.ug) listed on the Uganda Securities Exchange under the Energy sector has released its 2023 interim results for the half year.

For more information about Umeme Limited (UMEME.ug) reports, abridged reports, interim earnings results and earnings presentations visit the Umeme Limited (UMEME.ug) company page on AfricanFinancials.

Indicative Share Trading Liquidity

The total indicative share trading liquidity for Umeme Limited (UMEME.ug) in the past 12 months, as of 5th August 2023, is US$7.64M (UGX28.48B). An average of US$636.48K (UGX2.37B) per month.

Umeme Limited 2023 interim results for the half year

Company Profile

Umeme Limited supplies and distributes electricity in Uganda. It is the main electricity distribution company in the region; operating and maintaining a distribution network of some 31 790 kilometres of medium and low voltage electricity lines as well as providing after-sales services to its customers. Umeme Limited supplies electricity for domestic, commercial, industrial and public works usage, and is responsible for the purchase of electricity for Independent Power Producers. Umeme Limited is a subsidiary of Umeme Holdings; which is a subsidiary of Actis Infrastructure 2LP. Umeme Limited took over the supply and distribution of electricity in Uganda from UEDCL under a 20-year concession period. Umeme Limited is listed on the Uganda Securities Exchange