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Monday 10 May 2021
HomeNewsTunisia: Poulina Group announces turnover of 788 million dinars at end March

Tunisia: Poulina Group announces turnover of 788 million dinars at end March

The Poulina Group has achieved an overall turnover of 788 million dinars, at the end of the first quarter of the current year, against revenues of about 675 million during the same quarter of the previous year, a growth of 17%.

Local sales rose 15% to 698 million dinars, while revenue from exports rose 37% to 90 million dinars.

The production (in value) followed the same pace of growth in sales posting a rise of 17% to 800 million dinars.

As for investments, they declined by 7% in the first quarter to 16.8 million dinars, compared to 18 million a year earlier. Over the entire year 2020, the group has allocated a sum of 197 million dinars to investments.

As for the outstanding debt, it increased from 845 million dinars on December 31, 2020 to 956.2 million at the end of last March, including 459 million medium-term loans and 496 million short-term loans.

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