"The board has recommended a final dividend of Tzs 55 per share (2011: Tzs 47),
amounting to a total final dividend of Tzs 3.5 billion."

Results
Despite the challenges presented by the changing market conditions and increasing costs, TCCL delivered a sound financial performance, with the impressive volume growth resulting in a 21% increase in revenue. With overhead costs firmly under control and a stable exchange rate restricting imported cost increases, TCCL reported a 26% increase in gross profi t and an operating profi t up by 34%, resulting in an increase in net profi t after tax of 52% compared to the previous year, which was negatively aff ected by essential maintenance to the kiln.

Dividends
The board has recommended a fi nal dividend of Tzs 55 per share (2011: Tzs 47), amounting to a total fi nal dividend of Tzs 3.5 billion. This brings the accumulated dividends for the year to Tzs 100 per share (2011: Tzs 86), a total of Tzs 6.4 billion for the full year.

Closure of Share Register
The register of members will close on 06 May 2013. The last day of trading cum-dividend will be 25 April 2013 and the fi nal dividend will be paid on or about 31 May 2013.