The slump continues
Carthage Cement’s H1 2017 results continue their bearish trend. Q2 2017 sales decreased by 22.5% to TND44m against TND56m in the same quarter in 2016. This decline in revenues is explained by the collapse of the export sales by more than 85%, and the decrease in cement production by 20.4%. In addition, the production of clinker increased by 12.3% to 412,484 tonnes in Q2 2017. On the other hand, the production of the Ready Mix was limited to 49,213 m3, a decrease of 9.2%.
AlphaMena is the MENA stocks leader in independent equity research, covering 142. MENA securities spanning across 19 sectors and 8 countries relaying on a team of 11 analysts. The breadth of coverage allows AlphaMena to formulate a coherent view on markets, sectors and to highlight the best investments in Mena zone using a robust homogeneous and transparent methodology, enabling pure and pertinent comparisons based on financial and extra-financial criteria.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.