Uganda Clays unable to pay dividends – board
The loss, a 217% decrease from the prior period’s profit of sh2.4b, has led the company to forgo paying a dividend for the year.
PREMIUM Business
The manufacturer of baked clay building products, Uganda Clays Limited (UCL), has reported a net loss of sh2.8b for the year ended December 31, 2023, citing operational disruptions and lower production volumes as key contributors to the decline. (New Vision/Files)
By NewVision Reporter
Journalists @NewVision
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KAMPALA - The manufacturer of baked clay building products, Uganda Clays Limited (UCL), has reported a net loss of sh2.8b for the year ended December 31,