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Britist American Tobacco Uganda Says Profit More Than Doubles 

Jump to full article: Bloomberg News, 2010-03-12
Author: Fred Ojambo

Intro:

British American Tobacco Plc’s Ugandan unit said full-year profit more than doubled after export volumes and the quality of the green leaf improved.

Net income for the year through December rose to 8.01 billion Ugandan shillings ($3.86 million) from 3.24 billion shillings a year earlier, the Kampala-based company said in an advertisement published in New Vision newspaper today.

Exports were higher last year, while improvement in leaf quality enhanced British American Tobacco Uganda Ltd.’s competitiveness in the global market for its exports, it said, without giving details.

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