HomeNewsTELNET Group stabilizes its profit in H1 2024

TELNET Group stabilizes its profit in H1 2024

TELNET Holding has published its consolidated interim financial statements as of June 30, 2024.

These statements show a stable net profit for the beneficiary group compared to the first half of 2023 at 4.3 million dinars.

At the end of the first six months of the current year, the TELNET Group achieved a turnover of 34.2 million dinars, compared to 30.6 million dinars at the end of June 2023, a growth of approximately 11.5%.

As for operating expenses, they show an increase of 9.5% from 26 million dinars to 28.5 million dinars between June 2023 and last June.

As a result, the group’s operating profit increased by 27.7% to 6.3 million dinars, compared to an operating surplus of 4.9 million dinars a year earlier.

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