KAMPALA – Uganda Clays Limited through the Board of Directors revealed, on Thursday, July 1, that the company posted good results for the year 2020 with a net profit of UGX 4.9 bn which is a turnaround from a loss of UGX 88 Mn in 2019. The significant improvement in the performance of the entity […]
Kasekende (left) chaired the AGM held virtually in Kampala on June 30. The company plans to finance a new kiln and artificial dryer at Kajansi and Kamonkoli to boost production Kampala, Uganda | JULIUS BUSINGE | Shareholders of Uganda Clays Limited will earn Shs1.2bn (Shs1.35 per share) as dividend for the year ended December 30, […]
The Board of Directors of Uganda Clays Limited (UCL) on Wednesday announced that the company posted good results for the year 2020 with a net profit of 4.9 billion shillings which is a turnaround from a loss of 88 million shillings in 2019. The significant improvement in the performance of the entity resulted in a […]
Uganda Clays Limited shareholders to receive a Dividend Payment of UGX 1.5 per share on 20th July 2022. This only applies to shareholders on the Company’s Register of Members as on 29th June 2022.
Shareholders registered on the books of the Uganda Clays Ltd at close of business on 29th June 2021 will receive the 2021 dividend of UGX 1.5 per share.
Uganda Clays Limited will hold its Annual General Meeting on Wednesday 30th June 2021 via electronic means. For the latest key economic events use our free ECONOMIC CALENDAR
Uganda Clays overcame a difficult year to register an increase in net profit during the period ended December 2020. The company, which has recorded a streak of mixed performance in the last five years, however, saw net revenue decline due to Covid-19 related disruptions and intense competition from direct and alternative products. During the period, […]
Power supply in the Bugisu sub-region is expected to stabilise after President Museveni launched an upgraded 50 megawatts Mbale substation near Bugema. The region, which hosts Mbale City, one of Uganda’s most commercial centres, had previously been supplied by two lines from Tororo with maximum capacity of 25 megawatts. The $17m (Sh64b) substation is expected […]
The company’s local sales increased by 18% during the year, and this helped to almost offset the the deficit left by the cessation of supply to Zambia, which has apparently defaulted on payment of whopping $12 million debt to Cipla for sullies made This growth however, is being affected by the growing local competition, which […]
Energy Minister Mary Gorret Kitutu takes President Museveni on a guided tour of the newly upgraded sub station in Mbale. PHOTO/COURTESY. Power supply in the Bugisu sub-region is expected to stabilise after President Museveni launched an upgraded 50 megawatts Mbale substation near Bugema. The region, which hosts Mbale City, one of Uganda’s most commercial centres, […]
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