Uganda : Quality Chemical drops Cipla name
Quality Chemical Industries has dropped the Cipla name in a process that signals completion of a 51.18 percent share purchase by Africa Capitalworks.
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Value Traded (UGX) 490,186,478 |
Volume 6,072,457 |
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Market Cap. (Bln UGX) 20,586.55 |
Quality Chemical Industries has dropped the Cipla name in a process that signals completion of a 51.18 percent share purchase by Africa Capitalworks.
Quality Chemical Industries Limited (QCIL) has declared an interim dividend of sh1.6 per share to shareholders.
A wave of profit warnings issued by listed companies since September 2023 has sparked uncertainty at Uganda Securities Exchange (USE), as the affected companies grapple with the fallout from harsh business and economic conditions.
MTN Uganda has declared its latest quarterly dividend equivalent to Sh0.24 per share after announcing a 21.1 percent growth in net profit to Sh14.2 billion for the nine months ended September.