The company’s trading price has tumbled to less than Shs100 per share, down from Shs 256.5 IPO level Kampala, Uganda | ISAAC KHISA | Shareholders of drug maker, Cipla Quality Chemicals Ltd will not earn a dividend for the second consecutive year even after reporting a more than 50% drop …
Read More »
The new appointment comes at the time the drug maker’s share price has fallen below the IPO price Kampala, Uganda | ISAAC KHISA | Cipla Quality Chemicals Ltd, the producer of human drugs including anti-malarial and anti-retroviral is now set to receive a new managing director, Ajay Kumar Pal to …
Read More »
A jump in cost of sales, administrative expenses largely to blame for the bad performance Kampala, Uganda | JULIUS BUSINGE | Shareholders of Cipla Quality Chemical Industries Limited will again wait to receive dividends after their company reporting Shs16bn net loss for the first six months ended Sept.30 compared to …
Read More »
Kampala, Uganda | THE INDEPENDENT | Drugs maker Cipla Quality Chemicals Limited (CiplaQCi) has announced that it has paid 4.7 billion Shillings to acquire what they described as the Human Care Business assets of Quality Chemicals Limited. According to Nevin Bradford, the executive director of Cipla Quality Chemicals Limited, the …
Read More »
Nevin Bradford has been the Chief Executive Officer for Cipla Quality Chemical Ltd since November 2013. The Independent’s Julius Businge interviewed him about their COVID-19 experience and general company operations. What has been your general business experience since March 2020 when the government of Uganda joined the rest of the …
Read More »
The company remains strong to deliver good performance going forward, officials say Kampala, Uganda | JULIUS BUSINGE | The Kampala-based drug manufacturer, Cipla Quality Chemical Industries Ltd, has recorded a Shs36bn loss for the financial year 2019/20 compared to a profit of Shs7bn recorded in the previous year. Company officials …
Read More »
Executives hope that the future is bright as listed entities post profits Kampala, Uganda | JULIUS BUSINGE | Companies trading on the Uganda Securities Exchange have opened the New Year with poor performance. Umeme, Quality Chemical Industries Limited (CQCIL) shares have fallen below the Initial Public Offering (IPO) price. This …
Read More »
Pharmaceutical firm hopes to recover in second half of the year Kampala, Uganda | ISAAC KHISA | Cipla Quality Chemicals Industries Ltd has recorded a decline in profit since it was listed on the Uganda Securities Exchange a year ago but its managers are now pinning its growth prospects on …
Read More »
As its profit after tax drop more than seven times to Shs 6.8bn in 2018 Kampala, Uganda | ISAAC KHISA | The Kampala-based pharmaceutical firm, Cipla Quality Chemical Industries Ltd has hinted on a move to acquire a small company to boost its business growth. This comes at a time …
Read More »
Company’s IPO was the most efficient with less than 5% of advertising and promotional budget compared to previous offers Kampala, Uganda | JULIUS BUSINGE | Shares of Cipla Quality Chemicals Ltd started trading at the Uganda Securities Exchange on September 17, making it the first drug maker in the region to …
Read More »
The Independent Uganda: You get the Truth we Pay the Price