Tanzania Cigarette Company Limited 2023 Annual Report

Tanzania Cigarette Company Limited (TCC.tz) 2023 Annual Report

By Published On: April 17, 2024TYPE: Annual ReportsYear: 2023Period: Country: TanzaniaSector: Agri-industrial

Tanzania Cigarette Company Limited (TCC.tz) listed on the Dar es Salaam Stock Exchange under the Agri-industrial sector has released its 2023 annual report.

For more information about Tanzania Cigarette Company Limited (TCC.tz) reports, abridged reports, interim earnings results and earnings presentations visit the Tanzania Cigarette Company Limited (TCC.tz) company page on AfricanFinancials.

Indicative Share Trading Liquidity

The total indicative share trading liquidity for Tanzania Cigarette Company Limited (TCC.tz) in the past 12 months, as of 2nd April 2024, is US$6.02M (TZS5.5B). An average of US$501.35K (TZS458.1M) per month.

Tanzania Cigarette Company Limited 2023 annual report

Company Profile

Tanzania Cigarette Company Limited (TCC) is a tobacco company in Tanzania which manufactures, distributes and markets cigarettes under the following brands; Camel, Winston, LD, Embassy, Portsman, Sweet Menthol Safari Club and Crescent & Star. The company also exports cigarettes to the Democratic Republic of Congo, Mozambique and Zambia. TCC is the only cigarette producer in Tanzania and has a 90% share of the domestic market. It was founded in 1961 as East African Tobacco; nationalised during the Ujamaa Movement in 1975 and later privatised when the government of Tanzania sold its controlling share. TCC is a subsidiary of Japan Tobacco International Holding BV, which has a 75% stake in the company. Tanzania Cigarette Company Limited is listed on the Dar es Salaam Stock Exchange