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Wednesday 23 June 2021
HomeNewsTunisia: PGH reports revenues of 1.5 billion dinars at end September

Tunisia: PGH reports revenues of 1.5 billion dinars at end September

Poulina Group Holding’s (PGH) global revenues increased by 12%, at the end of the first nine months of the current year compared to the same period in 2016 to 1.525 billion dinars. The increase was due to the improvement of all the group’s businesses.

The local turnover thus increased by 11% over one year to 1.345 billion dinars while the value of exports increased by 25% to reach 180.2 million dinars.

As for production, it followed the same pace of growth as revenues, i.e. + 12%, posting a value of 1.514 billion dinars.

In terms of investments made in the first nine months of 2017, they reached 101.4 million dinars against 75.8 million during the same period in 2016, up 34%.

Most of this investment (38%, or 17 million dinars) was made by the steel processing business (following the acquisition of three new companies located in El Fahs in the governorate of Zaghouan and operating in the transformation of steel and in galvanizing).

36%, or 16 million dinars, were made by the poultry integration trade (new soybean extrusion plant and new breeding centers).

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