Tanga Cement (TCPLC) — Q2 2023
Earnings report for Tanga Cement (TCPLC) for Q2 2023 (iliyotolewa 25 Aug 2023). Key highlights and the PDF statement below.
Market: Closed
DSE (Dar es Salaam)
Highlights
- Gross profit increased by 25% to TZS 14.1 billion for Q2 2023.
- Gross margin for Q2 2023 was 25%, an improvement from 19% in Q2 2022.
- EBITDA surged by 63% to TZS 9.3 billion for Q2 2023.
- Loss before tax improved to TZS 2.1 billion in Q2 2023 from TZS 2.4 billion in Q2 2022.
- Cash generated from operating activities increased by 438% to TZS 9.0 billion for Q2 2023.