Carthage Cement stock reports TND 25.17 million H1 profit

Carthage Cement stock reported net income of TND 25.17 million for the first half ended June 30, 2026, compared with TND 28.17 million a year earlier, according to African Manager on September 16, 2026. The result puts earnings at the center of the stock story, with the decline occurring despite lower financial expenses and continued investment.

Profit falls as sales weaken

Revenue reached TND 173.07 million in the first six months of 2026, down from TND 183.57 million in the first half of 2025. La Presse reported that cement sales fell 8.00 percent to nearly TND 152.00 million, while quarry-product revenue declined 6.90 percent to TND 10.80 million. Basic earnings per share decreased to TND 0.073 from TND 0.082.

Operating profit was TND 40.80 million, compared with TND 42.40 million in the prior-year period. The figures show that cost control only partly offset weaker sales, while the company continued to rely on cement as its main business line.

Cash flow and debt shape the outlook

Operating cash flow fell to TND 31.00 million from TND 56.40 million in the comparable period, according to African Manager. The cash-flow gap is materially larger than the decline in net income and makes working-capital timing an important indicator for the second half.

Net financial expenses decreased to TND 19.60 million from TND 21.20 million, while bank loans stood at TND 191.00 million on June 30, 2026, down from TND 209.50 million at the end of 2025. Carthage Cement also spent TND 16.20 million on tangible and intangible fixed assets during the period.

Tunis quote and market value

Carthage Cement was quoted at TND 1.84 on the Tunis Stock Exchange on September 25, 2026. Its market capitalization was TND 632.0 million on the same market snapshot, giving investors a dated valuation reference alongside the weaker first-half earnings.