RESILIENCE! Uganda Clays Ltd beats COVID-19 odds, increases 2021 revenue by 24%
Reuben Tumwebaze, Uganda Clays managing director
The Directors of Uganda Clays Ltd have announced the condensed financial statements for the year ended 31 December 2021 indicating a steep growth of revenue despite Covid-19 challenges.
In an extract from the audited financial statements, the company managed to increase profits by 24% to UGX 36.7 billion compared to UCK UGX 29.7 billion in the year 2020, notably due to improved efficiencies in
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