CRDB approves Sh30 billion dividend on 2013 profit rise

>National Media Group (NMG) pre-tax profit for the period ended June this year grew to Sh29.7 billion, being a 2.1 per cent increase from the same period last year.

Tanzania Portland Cement Company (TPCC) has approved a Sh195 dividend per share, a five per cent increase from that of 2012.

Shareholders of Tanzania Breweries Limited (TBL Group) have approved Sh151.7 billion as dividend after recording an impressive financial performance in the year ended March 31, 2015.

The CRDB Bank has raised its dividends by 16.6 per cent.The bank’s managing director, Dr Charles Kimei, told journalists here yesterday that the members would receive a dividend of Sh14 per share from last year’s profit, up from Sh12 given out last year.

Dar es Salaam. Investors with CRDB Bank will put on broad smiles this year as the financial entity has raised dividend issuance by 7.1 per cent.

CRDB Bank’s net profit for the first nine months of the current calendar year has surpassed the one registered during the whole of 2014 by Sh7.69 billion as the financial entity strategises to make a new name in the history of profitability of Tanzanian banks.

 Bank M closed 2014 with a pretax profit of Sh20.1 billion on a mix of earnings from interests on lending foreign currency as well as fees and commissions, it was announced

Samsung says first-quarter profit likely $5.2 billion, beating expectations slightly  CNBCSamsung Will Offer Clues on How Covid-19 Is Roiling Global Tech  Data Center KnowledgeSamsung Electronics beats first-quarter estimates, braces for bigger blow from coronavirus  Investing.comSamsung Profit Beats After Covid-19 Spurs Server Chip Demand  Yahoo FinanceSamsung sees stable Q1 profits despite COVID-19 pandemic  ZDNetView Full coverage on Google...

Tanzania Cigarette Company Ltd (TCC) has reported a 9.2 per cent decline in profit after tax mainly due to higher operating costs.