Uganda Clays Kamonkoli. The Kamonkoli factory is troublesome with machine breakdowns. Courtesy Photo

Uganda Clays Limited has predicted losses as the company prepares to release unaudited financial results for the half year period. Board Chairman Eng. Martin Kasekende, in a notice says: “Uganda Clays Limited (the Company) wishes to inform its shareholders and the general public that the Company’s unaudited financial statements for the six-month period January – June 2020, which are due to be published soon, are likely to return a loss position.” He adds: “Accordingly, the shareholders are advised to exercise caution when dealing in the Company’s securities.” Uganda Clays Limited share price at the Uganda Securities Exchange has fallen from…

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