Tanga Cement announces first-half financial results

Tanga Cement Plc board chairman Lawrence Masha (right) speaks at a past event. With him is managing director Reinhardt Swart. FILE PHOTO | THE CITIZEN

Tanga Cement Plc has published results for for the half year ending June 30, 2019.

The Dar es Salaam Stock Exchange-listed company said the results were largely aimed at damage control after it had earlier published a cautionary notice advising its shareholders that it expected a drop in its operating profit.