Kampala, Uganda | THE INDEPENDENT | Uganda Clays Limited (UCL), has posted a net loss of UGX 4.95 billion for 2024, deepening from UGX 2.85 billion in 2023. Despite this downturn, the company is placing a calculated bet on a 10-year strategic overhaul to stabilize its operations, modernizing its …
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At the ceremony, Uganda Clays officially offered half an acre of land for the construction of St. Barbara Catholic Sub-Parish Church as a replacement for the St. Barbara Chapel that has been housed inside the company premises since the establishment of the company Kajjansi, Uganda | THE INDEPENDENT | Archbishop …
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Kampala, Uganda | THE INDEPENDENT | Uganda Clays Limited has unveiled a 5-year strategic plan aimed at enhancing customer satisfaction, boosting shareholder value, and fostering employee engagement. The strategic plan, unveiled at the company’s Annual General Meeting (AGM) in Kampala, signifies a renewed commitment to sustainable growth and value creation under …
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Kampala, Uganda | THE INDEPENDENT | Clay products producer, Uganda Clays Ltd, has issued a half-year profit warning for the period ending June 30, 2023, attributed to machinery breakdowns. The company informed its investors that it is expected to register a loss during the period. “The Board of Directors of Uganda …
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Kampala, Uganda | THE INDEPENDENT | Shareholders of Uganda Clays Ltd will get half a shilling for every share they hold, as a return on their investment for the year ended December 2022. In the Post Annual General Meeting notice issued to the markets Tuesday, the company secretary, Lex Advocates, …
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The company continues to focus on maintaining business continuity, enhancing production capacity and product quality Kampala, Uganda | THE INDEPENDENT | Uganda Clays shareholders will earn Shs 450 million or Shs 0.5 per share as dividends due to a 59% drop in profit after tax for the year ended December 31, …
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Kampala, Uganda | THE INDEPENDENT | Lawmakers have criticised the National Social Security Fund (NSSF) for giving Uganda Clays an unsecured loan of Shs11 billion. This was during a meeting between NSSF management and the select committee investigating allegations of the fund’s mismanagement on Wednesday, 08 February 2023. The Chairperson of …
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| THE INDEPENDENT | Uganda Clays net profit has dropped by more than half to Shs2.7bn for the first six months ending June.30 but management insists there are no worries at least for now. “We project the economy to improve in the second half of the year resulting in a …
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The company registered growth in profit for the second consecutive year amidst COVID-19 pandemic Kampala, Uganda | ISAAC KHISA | Uganda Clays Limited reported a sharp increase in annual profit for 2021 and has promised to return Shs 1.35 billion to shareholders as dividends subject the annual general meeting approval. …
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Kampala, Uganda | THE INDEPENDENT | Uganda Clays Ltd, Uganda’s oldest clay building materials manufacture, has returned to making profit despite a slight decline in revenues in year ended December 2020, according to the financial statements. The company reports that profit after tax for the period increased by 5639% to Ushs 4.9 …
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