UIE Half Year Report 2019

UIE’s net profit in the first half of 2019 amounted to USD 47.1 million, which is 27% higher than the result reported in the first half of 2018.

UIE’s share of UP’s net profit was USD 16.6 million, which is a decrease of 27% compared to the first half of 2018.

The fair value of the investment in MSAB increased by USD 29.3 million in the first half of 2019 compared to an increase of USD 15.4 million in the first half of 2018.