UIE's Annual Report 2022
On Thursday 2 March 2023, UIE Plc. ("UIE") announced its Annual Report 2022.UIE’s net result was USD 22.1 million negative in 2022 compared to the net profit of USD 108.2 million in 2021, due mainly to a significant fair value decrease of USD 74.0 million in the Schörling investment. However, the negative result does not reflect the underlying performance of UIE's portfolio companies, as UP reported a new record-high net profit, and all the Schörling portfolio companies reported strong annual results.UIE's Business Reporting Highlights 2022: UP: · UIE’s share of UP’s result