Prime

Uchumi halves losses to Sh547 million amid falling sales

Shoppers at an Uchumi Supermarket branch. PHOTO | FILE

By  DAVID HERBLING

Uchumi Supermarkets Ltd has halved its losses in the six months to December 2016 despite sales tumbling by more than two thirds.

The NSE-listed retailer reported a net loss of Sh547 million in the period under review compared to Sh1.01 billion in December 2015.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.

Get it First!

Stay up to date on the editors' picks of the week.

Latest

  1. PRIME Kisumu cement industry expands with new Nyando factory

  2. co-op-bank

    PRIME Co-op Bank faulted for flawed sacking of poor performer

  3. PRIME Breast cancer in men: Warning signs you should not ignore

  4. PRIME Kenya’s economy grows 5.1pc despite Iran war price shocks

In the headlines

View All