East Africa and Mauritius companies H1 2022 US$ earnings increased by 23% YoY
Earnings of the 29 companies that have reported for the six months ended June 2022 amounted to US$1.172bn, up 23% on H1 2021.
H1 2022 vs H1 2021 US$ earnings by market
In US$ terms earnings reported for the period for the 5 markets in the report are:
20 companies had improved US$ earnings, while 8 companies had lower earnings in H1 2022.
Companies with the highest earnings increases:
Below are the 10 companies in the report with the highest earnings.
Please click on the company name for up to date share price information, market capitalisation and 52-week liquidity.
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- Swissport Tanzania: US$1m up 1130.0%
- CRDB Bank: US$75m up 95.3%
- SBM: US$32m up 79.3%
- NCBA Bank: US$66m up 52.7%
- NMB Bank: US$89m up 52.5%
- Britam Holdings: US$5m up 50.4%
- Co-op Bank: US$97m up 42.5%
- MTN Uganda: US$52m up 40.6%
- Tanzania Cigarettes: US$13m up 30.8%
- Umeme: US$17m up 26.6%
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About the Author: Hartland-Peel Africa Equity Research
Sub-Saharan Africa ex SA: Equity, debt and FX research covering sixteen countries and advising institutional investors. Proprietary data base of sixteen African stock markets, 250+ companies which is one of the most extensive and complete. New issues, IPO’s and distribution of equity on privatisation. Development of lending and corporate finance opportunities for the bank, privatisation and asset management. An ‘A’ rated equity analyst by South African institutional investors as polled by the Financial Mail in 1998 and 1999.
