Ciments de Bizerte doubles loss in 1H17

Tunisia-based Ciments de Bizerte saw its revenues fall to TND31,673m (US$12,923m) in 1H17 from TND34,564m.

Its gross margin fell by TND2235m YoY and its operating income fell to TND1-545m, according to African Manager. At the end of June the company reported a loss of TND-16,613m from TND-8806m in 1H16.