Kampala — In its half year results, Uganda Clays Limited (UCL) has posted a profit after tax of Shs2.1b up from the Shs1.2b in June last year.
The manufacturer, whose luck changed for the better in 2016 after National Social Security Fund (NSSF) transferred its Shs20b debt to shares, has recovered with a 70 per cent upsurge in profit, incurring no finance cost during the period.
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