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Friday 18 June 2021
HomeNewsTunisia: CEREALIS Group improves net profits by 8% in 2020

Tunisia: CEREALIS Group improves net profits by 8% in 2020

The company CEREALIS has just published its individual and consolidated financial statements for the year 2020.

It emerges that the Group has achieved a net profit (group share) of about 3.5 million dinars, compared to 3.2 million in 2019, thus recording a growth of 8%.

The turnover of the group CEREALIS amounted to 33 million dinars, against 31.8 million a year earlier, an increase of 4%. As for operating expenses, they increased from 26.6 million dinars to 27.5 million between 2019 and 2020, a slight increase of 3%.

As a result, the group’s operating income came out 5% higher at 5.5 million dinars, compared to 5.2 million a year earlier.

The CEREALIS Group is composed of four companies, namely CEREALIS (parent company), BOLERIO, INER and ICEBERG.

In corporate accounts, the parent company, CEREALIS, has generated a net profit of 2.7 million dinars, compared to 2.3 million in 2019, a growth of 16%.

The company’s turnover stood at 17.4 million dinars, compared to 16.4 million a year earlier, an increase of 6%.

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