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HomeNewsTunisia: PGH earns 83.768 MD in H1

Tunisia: PGH earns 83.768 MD in H1

The profits of PGH (Poulina Holding Group), now headed by Khaled Bouricha, totaled 83,768 MD in the first six months of the current year, up from 82,457 MD in the same period of 2018.

The rise is explained by the 134.459 MD increase in the Holding’s operating income.

Moreover, despite the rise in operating expenses (1.1 billion DT against 1.005 billion DT), the balance sheet of the Holding remained positive and even up almost 10 MD.

However, the year-end cash remained negative of almost 7.5 MD at the end of the first half of 2019, even if the situation of this cash had improved significantly compared to the 1st quarter of 2018.

The profits of the holding company come from its shares in all companies of the group

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