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Monday 8 March 2021
Home News Tunisia: Carthage Cement ends 2020 with 19.3 MD profit

Tunisia: Carthage Cement ends 2020 with 19.3 MD profit

Carthage Cement’s total revenues for fiscal year 2020 saw an increase of 1.35% compared to the year 2019.

The gross operating income went up 46% compared to the year 2019, from TND 68,938,003 to TND 100,712,403 in 2020.

The financial statements for the year 2020 showed a net profit of 19 364 586 TND, against a net loss in 2019 of -51 310 751 TND.

This result was achieved in a difficult context and a year crippled by the COVID 19 health crisis, which cost the company more than two months of business interruption.

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