Office Plast SA, a Tunisian company specializing in office and school supplies, as well as plastic leather goods, has released its interim financial statements for the six months ended June 30, 2026. The company's financial performance showed a significant improvement, with a return to profitability after a substantial loss in the first half of 2025.
The company's revenue for the first half of 2026 stood at 17.9 million dinars, representing a 5% increase from 17.1 million dinars in the same period last year. This growth was primarily driven by a rise in exports of finished products, which reached 12.5 million dinars, and local sales, which amounted to 5.3 million dinars.
Office Plast's net profit for the period was approximately 58,000 dinars, compared to a loss of 3.7 million dinars in the first half of 2025. The previous year's loss was largely due to a fire at a storage depot on June 25, 2025, which resulted in the destruction of assets and inventory worth 5.7 million dinars. The company received an insurance advance of 4.2 million dinars, with the final indemnification amount still pending.
The company's operating profit was 1.1 million dinars at June 30, 2026, slightly down from 1.2 million dinars in the same period last year. Net financial charges decreased to 1.1 million dinars from 1.2 million dinars in the previous year.
Office Plast's total assets stood at 50.5 million dinars at June 30, 2026, up from 46.1 million dinars a year earlier. The company's equity increased to 19.2 million dinars from 17 million dinars at June 30, 2025. The company's financial debt comprised loans of 2.8 million dinars and bank overdrafts of 1.5 million dinars.
The company's liquidity position improved, with a net cash flow from operations of 3.3 million dinars, compared to 2.4 million dinars in the same period last year. The company's net cash balance at the end of the period was 1.9 million dinars, reversing a negative balance of 300,000 dinars at June 30, 2025.
In April 2026, the company's extraordinary general assembly decided to increase its capital by 7.3 million dinars, which was fully subscribed by August 31, 2026. However, this transaction has not yet been reflected in the financial statements for the six months ended June 30, 2026, and will be recorded in the second half of the year.
Key points
- Office Plast SA reported a 5% increase in revenue to 17.9 million dinars for the first half of 2026.
- The company's net profit for the period was approximately 58,000 dinars, compared to a loss of 3.7 million dinars in the first half of 2025.
- Office Plast's total assets stood at 50.5 million dinars at June 30, 2026, up from 46.1 million dinars a year earlier.
