Tanzania Portland Cement Company announced earnings results for the second quarter and first half of 2015. The company posted a net profit of TZS 22.17 billion down from TZS 27.14 billion recorded during the corresponding period last year.

The company announced that revenue in the first half of 2015 went up by 18% to TZS 135.74 billion as sales increased but cost of sales chewed up revenue by almost two-third.