No dividends as UAP sinks in first loss in 10 years

A UAP Holdings Limited poster. FILE PHOTO | NMG

UAP Holdings Limited has posted Sh518 million loss, the first in about a decade, joining the group of insurers whose earnings have come under pressure.

The loss for the financial year ended December 2018 is a 166 percent decline in performance from the Sh608 million profit that was reported in the previous financial year.

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