Tanzania: Tanga Cement suffers profit decline

Tanzania: Tanga Cement suffers profit decline
Published: 12 April 2016

Tagged Under: Tanga Cement Tanzania 

Tanga Cement Co Ltd's 2015 profit fell to TZS8.24bn (US$3.774m) compared to TZS28.40bn (US$13m) in 2014, according to the national paper the Daily News. The audited financial results state that the group experienced a decline in sales revenue of 9.9 per cent to TZS209.11bn compared to TZS232.10bn in the preceding year.

To continue reading this story and have 100% free access to the CemNet.com website, please Register for a subscription to International Cement Review or Login