Challenging Q1!
SCB’s 2017 results are falling. Q1 2017 sales decreased 11.1% to TND16,585m and there was no export during the first quarter of 2017. The sales of the State-owned cement maker are exclusively made up of local sales . However, the cement production is limited to only 151,133 tonnes, but it is increasing by 0.3% on an annual basis. In addition, clinker production increased by 65.7% to 147,750 tonnes. As for SCB’s capital expenditure, they decreased by 69.2% to TND901th in Q1 2017.
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