Uchumi half year net loss widens to Sh895 million

Uchumi Supermarkets store in Nairobi. FILE PHOTO | NMG

Uchumi Supermarkets’ #ticker:UCHM net loss in the half year ended December 2017 widened 63.5 per cent to Sh895.1 million on a sharp sales drop.

The retailer made a net loss of Sh547.3 million in the same period the year before, with the performance coming after turnover declined 71.4 per cent to Sh526.9 million.

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