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Sunday 26 September 2021
HomeNewsTunisia: CEREALIS increases its consolidated profit by 50% in 2017

Tunisia: CEREALIS increases its consolidated profit by 50% in 2017

CEREALIS has just published its individual and consolidated financial statements for the year ended December 31, 2017.

The consolidated financial statements show a turnover of 25.2 million dinars against 21 million a year earlier, posting an increase of 19.6% and a Net Profit attributable to the group, which shows a growth of 49.7% to 2.1 million dinars.

In addition, the group generated a surplus cash of 5.3 million dinars at the end of 2017 compared to 3.5 million the previous year.

The BOLERIO subsidiary regains its financial balance and ends the 2017 financial year with a net result of more than 115,000 dinars.

At the level of the individual accounts, the parent company saw its Net Profit increase by 20% to 1.74 million dinars.

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