Nairobi, June 22 -- Tanzanian businessman Edhah Abdallah Munif has made quick gains in his multi-billion-shilling investments in Bamburi Cement and East African Portland Cement (EAPC) after improved operational efficiencies yielded higher profits and asset valuation of the firms.

The latest financial reports published by the two Nairobi Securities Exchange (NSE)-listed cement firms show a sharp jump in profits, attributed to new investment and marketing initiatives.

EAPC's financial results for the year ended June 2025 show that net profit grew nearly five-fold to Sh5.53 billion from Sh1.16 billion a year earlier.

The company also announced a higher dividend of Sh1.25 per share for the period, up from Sh1 per share for the prior year. ...