Carthage Cement’s cumulative revenue stood at 286.38 million dinars (MD) as of September 30, 2025, compared with 324.78 MD a year earlier, according to the company’s financial statements published Wednesday by the cement producer.
“This trend reflects a narrowing of the gap compared with the previous year, from -14% at the end of June to -12% at the end of September, indicating an improvement in activity during the third quarter.”
The cement company noted that its Cement segment recorded a 64% increase in exports, reaching 52.4 MD, partially offsetting the decline in the domestic market (revenue down 23% to 206.78 MD).
As for the Aggregates segment, it maintained positive momentum, with revenue rising 7% to 18.92 MD by the end of September 2025.
The Concrete segment experienced steady and sustained growth, driven by higher production volumes and improved commercial coverage.
Furthermore, the company’s activity indicators revealed a 9.5% reduction in debt, which fell to 288 MD compared with December 31, 2024.
