TMRC Profit Before Tax of TZS 2.30 Billion for 2021
Habari mpya za fedha Tanzania · maelezo ya TMRC Profit Before Tax of TZS 2.30 Billion for 2021 · masasisho 2021 · imesasishwa 27 Apr 2022 · habari za uchumi · pato la taifa · uwekezaji
Muhtasari
- The Company recorded a Profit Before Tax of TZS 2.30 billion (2020: TZS 2.76 billion).
- During 2021, TMRC managed to record another commanding profit before tax on account of maintaining a good investment portfolio and effective cost management.
- TMRC balance sheet size grew during the year from TZS 187.6 billion recorded in previous year to TZS 198.6 billion, an increase of 5.9% mainly due to successful public issuance of TMRC Medium Term Note (MTN) tranche 3.
- During the year, net interest income increased from TZS 6.96 billion in the prior year to TZS 7.05 billion, an increase of 1.3%.