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Monday 8 March 2021
Home News Tunisia: Office Plast stabilizes its turnover at 22 million dinars in 2020

Tunisia: Office Plast stabilizes its turnover at 22 million dinars in 2020

The company Office Plast has stabilized its turnover at 22.3 million dinars (-0.2%) at the end of fiscal year 2020.

This stagnation is the result of the combined effect of the 7.6% increase in local turnover and the 4.9% drop in exports which represent 60% of the company’s income.

In terms of production (in value), it posted a decline of 10% at the end of last December to 18.5 million dinars, compared to 20.6 million a year earlier.

In volume, production fell by 9.6%.

The value of investments in 2020 amounts to 1.3 million dinars, down 53.3% compared to the value of investments in 2019.

Regarding the company’s debt, it totaled 12.6 million dinars as of December 31, 2020 against 11.2 million one year earlier, up 12.7% due to unpaid and late payments by customers affected by COVID 19.

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