UIE's Half Year Report 2023
On Wednesday, 16 August 2023, UIE Plc. announced its financial results for the first half of 2023. Highlights from H1 2023: UIE's net result was USD 60.5 million in the first half of 2023, which is USD 118.3 million higher than the net loss of USD 57.8 million reported in the first half of 2022. The share of UP’s net profit was USD 29.1 million in the first half of 2023, which was USD 1.9 million higher than the USD 27.2 million reported in the first half of 2022. This was achieved despite a lower contribution from the plantation division. The higher net result in UP can be