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Tag Archives: QCIL

QCIL secures $36mn to expand production as profits surge

The company hopes to increase tablet production from 1.4bn to 2.4bn annually Kampala, Uganda | THE INDEPENDENT | Uganda’s largest pharmaceutical manufacturer, Quality Chemical Industries Ltd (QCIL), has secured a US$36 million (Shs133 billion) financing facility from Stanbic Bank Uganda to construct a second production facility, capitalising on a strong financial …

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Qcil marks World Malaria Day with free medical camp in Luzira

Kampala, Uganda | THE INDEPENDENT |  Quality Chemical Industries Limited (Qcil), Uganda’s leading pharmaceutical manufacturer, has successfully held an annual medical camp at St. Stephen’s Church of Uganda, Luzira, in commemoration of World Malaria Day 2025. The event was grounded in this year’s global theme: “Malaria Ends With Us: Reinvest, …

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QCIL records over 500% profit growth to Shs 22bn

The company has declared an interim dividend of Shs 3.5 per share, payable on or before December 12 Kampala, Uganda | THE INDEPENDENT | Kampala-based pharmaceutical firm, Quality Chemical Industries Ltd. (QCIL), has posted an impressive Profit After Tax of Shs 22.05 billion for the half-year period ending September 30, marking …

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QCIL records 68% growth in net profit to Shs32 billion

This is the company’s first full-year financial results following the exit of Indian drug manufacturer, Cipla, six months ago, to concentrate in developed markets in Europe and Asia Kampala, Uganda | JULIUS BUSINGE | Quality Chemical Industries Limited (QCIL) has reported a 68% growth in net profit to Shs32 billion for the year ended March 31, …

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