February 28, 2018 / 8:35 AM / 3 months ago

BRIEF-Unga Group Posts HY Pre-Tax Profit 733.1 Mln Shillings

Feb 28 (Reuters) - Unga Group Ltd:

* HY ENDED DEC 2017 TURNOVER OF 11.08 BILLION SHILLINGS VERSUS 10.25 BILLION SHILLINGS YEAR AGO‍​

* HY PROFIT BEFORE TAXATION 733.1 MILLION SHILLINGS VERSUS 191.5 MILLION SHILLINGS YEAR AGO

* MAIZE SUPPLY IS EXPECTED TO REMAIN STABLE IN THE SHORT RUN WITH SHORTAGES AND CONSEQUENT PRICE INCREASE LIKLEY TO BE EXPERIENCED IN Q4

* DIRECTORS DO NOT RECOMMEND PAYMENT OF INTERIM DIVIDEND Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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