Half Year Financial Results: Umeme records 9% demand increment, sales jump to UGX. 876b

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Umeme Limited has released its unaudited interim condensed financial results for the six months’ period ended June 2022. In the financial statement signed by the company Chairman and MD, Patrick Bitature and Selestino Babungi respectively, despite the challenging macroeconomic environment, the electricity sector was resilient and posted a 9% increase in energy demand, due to the opening of th