UIE's First Quarter Report 2023
On Wednesday, 17 May 2023, UIE Plc. announced its financial results for the first quarter of 2023. Highlights from Q1 2023: · UIE's net result was USD 32.4 million in the first quarter of 2023, which is USD 51.9 million higher than the net loss of USD 19.5 million reported in the first quarter of 2022. · The share of UP’s net profit was USD 12.1 million in the first quarter of 2023, which was significantly higher than the USD 6.9 million reported in the first quarter of 2022. This was achieved despite a lower contribution from the plantation division. The higher net result in UP