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Les Ciments de Bizerte widens losses in 2015

Les Ciments de Bizerte widens losses in 2015
Bizerte’s revenues also grew in 2015 recording TND 57,173- (Photo Credit: Arabianeye-Reuters)
Ciments de Bizerte
SCB
3.85% 0.54 0.02

Mubasher: Les Ciments de Bizerte, listed in Tunis Stock Exchange, nearly doubled its losses in 2015 to reach TND 6.61 million ($3.1 million), compared to TND 3.56 million ($1.67 million) in 2014, according to a bourse filing.

The company’s financial statements revealed that the operating expenses jumped to TND 8.08 million, up from TND 6.87 million in 2014.

Bizerte’s revenues also grew in 2015 recording TND 57,173, versus TND 56,186 in 2014.

The company has reduced the cement’s prices, optionally, in Morocco.