Uganda Clays Achieves Profitability with Shs142 Million Turnaround
Uganda Clays Limited has reported a net profit of Shs142 million for the 2025 financial year, marking a significant recovery from a Shs4.95 billion loss in 2024. This turnaround is attributed to increased production stability, which allowed the company to boost output and meet demand in Uganda's construction sector. The company manufactures clay-based building materials such as roofing tiles and bricks, which are widely used in residential and commercial developments. In addition to production improvements, Uganda Clays implemented strict cost-control measures, reducing operating expenses by 8% to Shs10.5 billion. Despite these gains, the company continues to face challenges from legacy debt and financing costs, with finance costs rising to Shs3.9 billion due to interest on existing borrowings.