Tunisia: Délice Holding Group announces a profit of 31 million dinars in 2018

    by -
    0 142

    Délice Holding Group has published its consolidated financial statements for the year ended December 31, 2018, such that they will be submitted to the approval of the Ordinary Shareholders’ Meeting to be held on June 20, 2019.

    Indeed, last year the group achieved a global turnover of 844.5 million dinars, compared to 794.5 million dinars in 2017, posting a 6.2% growth.

    This rise bears the mark of the increase in local sales by 4% to 750 million dinars and operating subsidies by 47% to 79.6 million.

    However, export sales are down 14% to 17.7 million dinars against 20.6 million a year earlier.

    Operating expenses rose from 750 million dinars in 2017 to 803.5 million at the end of last December, up 7%, mainly due to the increase in purchases consumed by more than 40 million dinars (+ 6.6%).

    Therefore, the Group’s operating profit fell by 18.5% to 48.2 million dinars, compared to 59.2 million a year earlier.

    In the end, Net Profit Group Share (is 30.9 million dinars, compared to 38.6 million in 2017, down 20%.

    The Delice Group is made up of nine companies: DELICE Holding, CLC, CLN, CLSB, SBC, CF, Delta Plastic, STIAL and SOCOGES operating in the agri-food industry.

    NO COMMENTS

    Leave a Reply