British American Tobacco’s plant in Nairobi’s Industrial Area. British American Tobacco Uganda (Batu) Ltd net profits for the six months period to June 30 declined by 50 percent. PHOTO | FILE | NMG
Uganda’s cigarette seller British American Tobacco Uganda (Batu) Ltd net profits for the six months period to June 30 declined by 50 percent over a sharp reduced cigarette sales impacted by illicit cigarettes on Uganda market and disruptions by Covid-19.
The Uganda Securities Exchange listed tobacco company reported a net profit of Ush3.4 billion ($965,714) for the half-year to June 30, 2021, a decline from Ush6.8 billion for the six months period to June 30, 2020.