Despite a 12.7% decline in the third quarter, Office Plast’s sales grew by 18.6% over the nine months of the year to 15.2 million dinars from 12.8 million at the end of September 2017.
Local turnover rose by 24.6% at the end of September to 5.1 million dinars while exports improved by 16% to 10 million dinars against 8.7 million dinars a year ago.
As for investments, the company deployed a sum of 3.4 million dinars over the first nine months of the year, up 48.1% compared to September 2017.
In addition, outstanding debt has more than doubled compared to the end of December 2017 to stand at 10.5 million dinars against 5 million at 31 December.
This debt mainly relates to foreign currency financing combined with management loans.