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 …
Read More »
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, …
Read More »
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, …
Read More »
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 …
Read More »
| 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 …
Read More »
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. …
Read More »
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 …
Read More »
Company executives explain cause of Shs88million loss Kampala, Uganda | JULIUS BUSINGE | Uganda Clays Limited, a clay building materials manufacturer has recorded Shs88million loss for the year 2019 as opposed to the net profit of Shs1.9bn in 2018. According to the company’s financial statements released on July 17, total …
Read More »
Kampala, Uganda | THE INDEPENDENT | Uganda Clays Limited has announced a loss of 88 million Shillings for the 2019 calendar year, ending a short spell at returning profit. The construction materials maker said today that its gross profit dropped drastically from a 1.9 billion Shilling profit recorded in 2018. The …
Read More »
Performance was dented by routine factory maintenance and spikes in operating costs Kampala, Uganda | JULIUS BUSINGE | Clay products maker, Uganda Clays Limited, has recorded a Shs722million loss. But company officials say the future is bright. Financial results released on Sep.04 indicate that the loss in question was for …
Read More »
The Independent Uganda: You get the Truth we Pay the Price