Tanzania’s TPC achieves 47.3% profit growth in 2014

Tanzania Portland Cement Company (TPC) saw a 15% growth in sales in 2014, and a 55% rise in operating profit to US$41.24 million (TZS 76.29 billion). The Tanzanian firm that goes by the brand name Twiga also reported a 47.3% jump in net profit from $20.05 million (TZS 37.64 billion) to $29.53 million (TZS 55.44 billion) on a year-on-year basis.
March 20, 2015 Read time: 1 min

Tanzania Portland Cement Company (TPC) saw a 15% growth in sales in 2014, and a 55% rise in operating profit to US$41.24 million (TZS 76.29 billion). The Tanzanian firm that goes by the brand name Twiga also reported a 47.3% jump in net profit from $20.05 million (TZS 37.64 billion) to $29.53 million (TZS 55.44 billion) on a year-on-year basis.

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