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HomeNewsTunisia: Poulina's revenues total 1.1 billion dinars H1

Tunisia: Poulina’s revenues total 1.1 billion dinars H1

Total revenues of Poulina Group Holding (PGH) have increased by 16% in the first half of 2018, compared to the same period of 2017, to 1.163 billion dinars.

This increase can be explained by higher sales for all the group’s businesses, with the exception of the real estate sector.

Thus, the turnover from the local market grew by 17% to 1.023 billion dinars while exports increased by 11% to 140.2 million dinars.

For investments made during the first half of 2018, they reached 63 million dinars against 56.4 million for the same period in 2017.

Most of these investments, i.e. 37%, is allocated to the consumer product business (extension of the production plant for ice cream and dairy products), 25% for the poultry integration trade, i.e. 11 million dinars and 23% for the building materials trade, i.e. 9.6 million dinars.

As for the company’s overall indebtedness, it posted an increase of 46% compared to last year to 658.3 million dinars against 485.8 million at the end of June 2017.

This growth results from the 75% increase in short-term loans (CCT) which reached 365 million dinars.

Medium-term credits (CMT) grew 24% to 342.6 million dinars

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