Carthage Cement SA Releases Interim Financial Statements for First Half of 2025
Key Highlights
- Equity capital reaches 356.7 million dinars, including a net profit of 28.1 million dinars
- 8.5% increase in equity capital compared to December 2024
- Revenues for the first half of 2025 total 183.5 million dinars
- Cumulative losses of 141 million dinars reported as of June 30, 2025
Details of the Interim Financial Statements
According to data published on the Tunis Stock Exchange website, Carthage Cement SA's interim financial statements for the period from January 1 to June 30, 2025, show a significant increase in equity capital. The company's revenues for the first half of 2025 reached 183.5 million dinars, with a net profit of 28.1 million dinars.
Challenges Faced by the Company
Despite the positive semi-annual results, Carthage Cement SA still reports cumulative losses of 141 million dinars as of June 30, 2025. The company attributes these losses to:
- Delays in the production startup of the cement plant
- Exceeding initial investment costs, which required additional short-term financing and bank credits to complete the financing plan
- Heavy reliance on subcontracting production, which increased costs
These challenges have impacted the company's financial performance, despite the progress made in the first half of 2025.
