Kampala, Uganda | THE INDEPENDENT | Clay products maker, Uganda Clays Limited, has reported a 292% increase in net profit to Shs2.8bn in the first six months of 2021. Its Managing Director, Reuben Tumwebaze says, the impressive performance is a turnaround from a loss position of Shs1.4bn that was incurred in …
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Kampala, Uganda | Julius Businge | On March 17, Clay products maker, Uganda Clays Limited announced the appointment of Reuben Tumwebaze as the managing director with effect from March 2021. Tumwebaze replaces George Inholo who left the company in March last year. Before joining UCL, Tumwebaze was the director of Road …
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Uganda Clays Limited, the producer of baked clay building products, has recorded a drop in operating costs but losses increased for the second consecutive year, as it faced stiff competition in the construction sector amidst coronavirus pandemic. Kampala, Uganda | ISAAC KHISA | The company recorded a 6% reduction in …
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Kampala, Uganda | THE INDEPENDENT | National Insurance Corporation and roofing tiles maker Uganda Clays Limited will not publish their audited financial results for 2019 until June 2020, the companies have said. In separate statements issued on Tuesday, both companies which are listed on the Uganda Securities Exchange (USE) said …
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Company’s executive describes the year as good, reveals plan to cut costs Kampala, Uganda | JULIUS BUSINGE | Clay products maker, Uganda Clays Limited has recorded an increase in total revenue from Shs27bn in 2017 to Shs30bn in 2018, according to its financial statements released on May 20. George Ihnolo, …
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