UIE's Third Quarter Report 2023
On Tuesday, 21 November 2023, UIE Plc. announced its financial results for the third quarter of 2023. Highlights from Q1-3 2023: UIE's net result was USD 42.1 million in the first nine months of 2023, an improvement compared to the net loss of USD 67.6 million reported in the first nine months of 2022. The share of UP’s record-high net profit was USD 53.4 million in the first nine months of 2023, which was USD 5.3 million higher than the USD 48.1 million reported in the first nine months of 2022. The higher net result in UP is due to improvements in both the plantation segment and