Umeme Ltd 2019 Annual Report with Sustainability Disclosures
The report highlights Umeme Limited's financial and operational performance for the fiscal year ended December 31, 2019. The company increased its customer base by 14% to 1.47 million, driven by the implementation of the Government's Electricity Connections Policy. Electricity sales grew by 6% to 3,182 GWh, while energy losses were reduced to 16.4%. Financially, Umeme achieved a revenue increase of 19% to Ushs 1,777 billion and a profit after tax of Ushs 139 billion. The company also secured US$ 70 million in debt financing to fund capital investments in network capacity, reliability, and safety.
Company: Umeme Ltd
Sector: Energy utilities
Country: Uganda
Year: 2019
Type: Annual Report with Sustainability Disclosures
Pages: 152
Back to company
Umeme Ltd
Annual Report
The report highlights Umeme Limited's financial and operational performance for the fiscal year ended December 31, 2019. The company increased its customer base by 14% to 1.47 million, driven by the implementation of the Government's Electricity Connections Policy. Electricity sales grew by 6% to 3,182 GWh, while energy losses were reduced to 16.4%. Financially, Umeme achieved a revenue increase of 19% to Ushs 1,777 billion and a profit after tax of Ushs 139 billion. The company also secured US$ 70 million in debt financing to fund capital investments in network capacity, reliability, and safety.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Published
Mar 20, 2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Workplace Fatalities
Employees