BAT Uganda Profit Falls to UGX 9.8b Amid Surge in Illicit Cigarette Trade
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2 Articles
BAT Kenya Loses Ksh2.5 Billion in Revenue to Illicit Cigarettes
The Kenya Times ~ Trending, Breaking News and Videos BAT Kenya Loses Ksh2.5 Billion in Revenue to Illicit Cigarettes British American Tobacco (BAT) Kenya has revealed that it lost an estimated KSh2.5 billion in revenue in 2025 due to the rapid growth of the illicit cigarette trade. This is even after the company posted improved profitability through cost controls and currency stability. The company’s latest financial results show that illegal to…
BAT Uganda Profit Falls to UGX 9.8b Amid Surge in Illicit Cigarette Trade
British American Tobacco Uganda’s (BATU) net profit declined by 5.3% to UGX 9.76 billion for the year ended December 31, 2025, down from UGX 10.31 billion in 2024, as falling cigarette sales and a sharp rise in illicit trade weighed on performance. Audited results show profit before tax dropped by 18% to UGX 12.4 billion from UGX 15.1 billion, while gross revenue declined by 18% to UGX 67.0 billion from UGX 82.1 billion, and net revenue fell by …
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