Uganda Clays Limited (UCL), a leading manufacturer of clay building materials has announced that they have posted impressive results for the year 2021. The company said that they had hit a net profit of Shs 5.92 billion in full year results. ADVERTISEMENT This was revealed by the UCL Board Director, Marion Muyobo during the company’s […]
Tag: XUGA_UCL
Uganda Clays Limited Posts Shs5.92bn Net Profit in Full-Year Results
Kampala: Uganda Clays Limited (UCL), the leading manufacturer of quality baked clay building products, has today announced that the company posted impressive results for the year 2021 with a net profit of UGX 5.92 billion. This was announced by the UCL Board Director, Marion Muyobo, during the entity’s financial year results presentation at their Kajjansi […]
Uganda Clays boosts shareholders with Shs1.35bn dividend
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. The clays products manufacturer on April.14 reported a profit after tax of Shs 5.9billion, representing a 21% growth compared to the previous year amidst coronavirus […]
Uganda Securities Exchange equity turnover drops 73%
Uganda Securities Exchange (USE) started the new year on a weak footing with equity turnover falling by 73.8 percent to Ush 2.05 billion ($579,828) in January. According to the bourse’s monthly bulletin for January, the value of shares traded declined to Ush2.05 billion from Ush7.8 billion ($2.2 million) in December last year (2021),representing a daily […]
Uganda Securities Exchange equity turnover drops 73%
Uganda Securities Exchange (USE) started the new year on a weak footing with equity turnover falling by 73.8 percent to Ush 2.05 billion ($579,828) in January. According to the bourse’s monthly bulletin for January, the value of shares traded declined to Ush2.05 billion from Ush7.8 billion ($2.2 million) in December last year (2021),representing a daily […]
USE equity turnover drops 73pc
Traders at one of the Business awareness events in 2012 in Kampala. PHOTO | FILE According to the bourse’s monthly bulletin for January, the value of shares traded declined to Ush2.05 billion from Ush7.8 billion ($2.2 million) in December last year (2021),representing a daily average turnover of about Ush103 million ($29,132.8). The volume of shares […]
USE equity turnover drops 73pc
Traders at one of the Business awareness events in 2012 in Kampala. PHOTO | FILE According to the bourse’s monthly bulletin for January, the value of shares traded declined to Ush2.05 billion from Ush7.8 billion ($2.2 million) in December last year (2021),representing a daily average turnover of about Ush103 million ($29,132.8). The volume of shares […]
Questions as ‘New Vision’ stocks fall 80pc
Traders at the Uganda Securities Exchange. Shares of New Vision Publishing Company closed more than 81 percent down on February 10. PHOTO | FILE | NMG New Vision and Uganda capital markets regulators have failed to provide answers for the plunge of the share price, which eroded investors’ wealth. New Vision could report weaker-than-expected revenue […]
Offshore investors give Uganda’s bourse wide berth, turnover dips to $5,500 a day
Crested Capital stock dealers trading at the Uganda Securities Exchange in Kampala. PHOTO | MORGAN MBABAZI Following the end of the offshore investor season, average trading turnover at the USE dropped to less than Ush20 million ($5,493) per day at the beginning of October while trading volumes fell to less than 200,000 shares per day. […]
Size of locally listed stocks declines by 1.3 per cent
The Capital Markets Authority (CMA) has said a drop in share prices of locally listed companies saw the size of Uganda Securities Exchange (USE) decline by 1.3 per cent for the period ended September. In details contained in its Quarterly Bulletin, CMA noted that domestic market capitalisation declined from Shs4.33 trillion for the period ended […]