At the end of 2024, SOTETEL achieved a record turnover, exceeding the 70 million dinars mark for the first time with 71.8 million dinars, an increase of 8% compared to 2023.
This performance is mainly due to the 9.8% increase in local sales, which totaled 68.8 million dinars. On the other hand, export sales decreased by 9.2% to 2 million dinars.
Operating expenses amounted to 62.6 million dinars at the end of December 2024, an increase of 7.3% compared to 2023. This increase was mainly due to a 7.3% rise in purchases to 40.3 million dinars and an 11.3% increase in personnel costs to 18.1 million dinars.
In addition, the company recorded an annual EBITDA of 9.1 million dinars in 2024, compared to 8 million dinars in the previous year, a significant improvement of 13%.
This performance is the result of the company’s management’s implementation of relevant monitoring indicators to optimize the customer journey and develop lasting relationships with its customers through a high-quality customer experience.
