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News Tanga Cement boosts sales amid profitable full-year 2021

Tanga Cement boosts sales amid profitable full-year 2021

Written by Global Cement staff 08 April 2022
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Tanzania: Tanga Cement’s full-year results show a 9% year-on-year rise in sales to US$99.5m in 2021 from US$91.7m in 2020. Its net profit was US$1.5m, as against a US$903,000 loss in 2020.

The Kenyan Wall Street newspaper has reported that the company replaced a kiln shell at its Tanga cement plant and outsourced mining operations at its quarry during the year.

Last modified on 13 April 2022
Published in Global Cement News
Tagged under
  • Tanzania
  • Tanga Cement
  • Simba Cement
  • Mining
  • Quarry
  • Results
  • Kiln
  • kiln shell
  • Loss
  • growth
  • GCW552

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