Carthage Cement Reports Significant Decline in Net Profit and Revenue in 2025
Key Highlights
- Net profit for Carthage Cement decreased to 40.1 million dinars in 2025, down from 70.3 million dinars in 2024, marking a significant contraction.
- Revenue declined by 9.2% to 382.8 million dinars, impacted by a 19% drop in local market sales volumes.
- Despite the decline, the board of directors has decided to distribute dividends for the first time in the company's history, amounting to 0.065 dinars per share.
Financial Performance
- The company's total balance sheet stood at 892.8 million dinars as of December 31, 2025, up from 873.5 million dinars a year earlier.
- The decline in revenue was partially offset by a 73% increase in export volumes.
Upcoming Shareholder Meeting
- The board of directors has convened an ordinary general meeting for Wednesday, June 24, 2026, to approve the proposal for dividend distribution for the 2025 fiscal year.
Note: The article does not provide information on the exchange rate between dinars and other currencies, so the figures are presented in dinars only.
