Kampala, Uganda | THE INDEPENDENT | On Feb.22, in a notice, Emmanuel Katongole, the Chairman and Co-Founder Quality Chemical Industries Limited announced the changes saying the announcement is made pursuant to Rule 36(2) of the Uganda Securities Exchange Listing Rules 2021. “Quality Chemical Industries Limited wishes to notify its shareholders and …
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Kampala, Uganda | THE INDEPENDENT | Cipla Quality Chemicals Limited has reported a substantial 74% dip in profit after tax to Shs 3.56 billion for the six months ending September 30. The dip is attributed to a significant increase in operating expenses and a shift in the product mix. The company’s …
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Kampala, Uganda | THE INDEPENDENT | Uganda’s drug manufacturer, Cipla Quality Chemicals Ltd, has issued a profit warning for the six months period ended Sept.202, 2023, citing changes in product mix. The Uganda Securities Exchange-listed firm now expects to report lower net earnings than what it reported during the same period …
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But directors have recommended a dividend of Shs2.5 per share payable in September this year which is higher than Shs2 per share paid last year. Kampala, Uganda | JULIUS BUSINGE | Pharmaceutical manufacturing company Cipla Quality Chemical Industries Limited has reported a 21% decline in profit after tax from Shs24bn in …
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The stake sale in Cipla Quality Chemical Industries Ltd can fetch $25-30 million Kampala, Uganda | AGENCIES | Cipla Ltd.’s wholly owned subsidiaries have entered into an agreement with investment management company Africa Capitalworks SSA 3 to sell 51.18% stake in a Ugandan subsidiary. The two subsidiaries, Cipla (EU) Ltd …
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Kampala, Uganda | THE INDEPENDENT | Ugandan manufacturers still produce very low quantities of essential medicines catering for only about 20 percent of the country’s demand. Speaking at a meeting organized by the Uganda Healthcare Federation, Nevin Bradford, the former CEO of Cipla Quality Chemicals Company said currently, there are over …
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The company manufactures antiretrovirals, artemisinin-based combination therapies (ACTs) and Hepatitis medicines to treat HIV/AIDS, malaria and Hepatitis | THE INDEPENDENT | Cipla Qaulity Chemicals Ltd, the East African nation’s drug manufacturer, has said net profits surged nearly five times to Shs 13.9 billion for the six months ending September driven …
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The company recorded the first profit since listing on Uganda Securities Exchange in 2018 | THE INDEPENDENT | Cipla Quality Chemical Industries has reported a better performance for the period ended March 31, 2022, posting a net profit of Shs24bn compared to a loss of Shs10bn in 2020. This performance …
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The company is in the process of formulating a strategy to enable it achieve short term and long-term goals Kampala, Uganda | THE INDEPENDENT | Shareholders of Cipla Quality Chemical Industries Limited (CQCIL) are waiting to see how their company performs during the reign of the new chief executive officer …
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The company recorded Shs 2.8billion profit for the half year period Kampala, Uganda | ISAAC KHISA | Uganda’s drug manufacturer, Cipla Quality Chemicals Ltd, recovered Shs 2.5billion from the Zambian government for the drugs supplied in 2018, helping the company to record a profit from the second time since listing …
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