TANGA Cement Company Limited announced audited group earnings results for the year 2015. The company's profit for 2015 has declined to TZSS 8.24 billion compared to TZS 28.40 billion of the preceding year. According to the audited financial results, the group experienced a decline in sales revenue of 9.9% to TZS 209.11 billion compared to TZS 232.10 billion of the preceding year.

The decline was contributed by increased competition from new entrants to the market which put downward pressure on sales prices and volumes.