Carthage Cement: 24% surge in overall sales in first half of 2023

Carthage Cement achieved an overall turnover of 208.546 million dinars (MD) at the end of the first half of 2023, an increase of 24% compared with the same period in 2022, according to the cement plant's activity indicators published on Friday on the Tunis Stock Exchange website.

The improvement in Carthage Cement's results is explained by the jump in cement activity sales, due to the increase in sales, both local by +25%, to 158.822 MD, and export by +19%, to 31.284 MD, on 30 June 2023.

Carthage Cement is thus consolidating its position as leader in the cement sector in Tunisia, with an overall market share of 25% during the first six months of 2023.

The same applies to the aggregates business, which has continued to follow an upward trend, reaching a turnover of 11.227 MD at the end of June 2023, representing an increase of 38%.

Similarly, concrete sales rose by 3% to 7.213 MD.

Source: Agence Tunis Afrique Presse