Societe Tunisienne du Sucre SA
BBVMT:STS26.90
TND
+0.75
(+2.87%)
ISIN
TN0006170013
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- Beja Tunisia
- IPO Date
- Oct 28, 2011
- Similar Companies
- Business
- Societe Tunisienne du Sucre SA is a Tunisia-based state-controlled agribusiness and agro-industrial enterprise primarily engaged in the refining, processing, and distribution of sugar and related agricultural by-products. Founded in 1961 and headquartered in Beja, Tunisia, the company operates as a core domestic refiner supporting the country's food security framework by converting imported raw cane sugar into refined white sugar for public consumption and commercial manufacturing. The company's core product and service portfolio includes refined white crystallized sugar supplied in bulk packaging and retail bags for direct human consumption, food processing, and beverage production; toll-refining and contract manufacturing services for institutional commodity distributors, principally the Office du Commerce de la Tunisie; crude molasses derived as an industrial refining by-product for use in animal feed production, baker's yeast manufacturing, and industrial alcohol distillation; and commodity storage, bulk packaging, quality verification, and logistics coordination services. Societe Tunisienne du Sucre SA operates its primary refining and manufacturing plant in Beja, with commercial and administrative coordination conducted through its offices in Tunis, catering to state commodity distribution networks, industrial food manufacturers, and retail wholesalers across Tunisia. In recent developments, the company has undertaken significant operational restructuring and rehabilitation efforts to restore and modernize its manufacturing capacity. Following temporary operational suspensions, Societe Tunisienne du Sucre SA resumed production at its Beja refinery backed by a 16 million Tunisian dinar capital expenditure program for technical overhaul and equipment maintenance. The company is also executing a wider 56 million Tunisian dinar multi-phase modernization initiative aimed at replacing aging industrial units, enhancing thermal and electrical energy efficiency, and expanding daily refining capacity to 1,000 metric tons. Furthermore, the company has engaged in state-supported financial restructuring initiatives and balance sheet adjustments under national finance frameworks to resolve historical refining fee settlements and stabilize commercial supply arrangements with the Office du Commerce de la Tunisie.