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Tag Archives: losses

Cipla quality chemicals announces Ugx 14.5 billion loss

Kampala, Uganda | THE INDEPENDENT  |  Drug manufacturer Cipla Quality Chemicals has announced a loss of 14.5 billion Shillings for the period from April to September 2019, underscoring the struggles the drugmaker is going through. This is a significant drop from the 3.3 billion Shillings profit announced for the period between …

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Uchumi Supermarkets’ losses increases

Kampala, Uganda | THE INDEPENDENT | Business seem to be worsening at the retail chain, Uchumi Supermarkets. Latest data shows that the retail chain recorded a 63.5% growth in net losses to US$8.95million for the half year ended Dec 2017 citing reduced sales. The listed company recorded a net loss …

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