Despite an increase in national cement production, the market in which the company operates showed a decline of 3%. The company, nevertheless managed to maintain its sales volume at the same level as in 2008.
After a strong improvement in sales volumes during the second half of the year, sales revenue reflected only a 1% decrease compared to the previous year.
Dividends
A dividend of 37.5% of net profit is proposed and consequently the board has approved a final dividend os Tzs 179 per share. This amounts to 11.4 billion.