Uganda Clay Limited
Overview
Uganda Clays Limited (UCL) is a leading manufacturer of baked clay building products in Uganda, producing items like roofing tiles, bricks, and blocks. Despite its market position, the company has faced recent financial challenges, including significant losses in 2023 and 2024 due to operational issues like machine breakdowns and increased costs, though 2024 saw a slight revenue increase. In response, UCL is investing in new machinery and a capacity expansion project to improve efficiency and quality.