HomeNewsTunis: SOTEMAIL's turnover down 33% at end of March

Tunis: SOTEMAIL’s turnover down 33% at end of March

SOTEMAIL’s total revenues amounted to TND 11.8 million in the first quarter of the current year, compared to TND 17.7 million at the end of March 2023, a decrease of 33%.

Sales in the local market amounted to TND 11.1 million, compared to TND 15.1 million at the end of March 2023, down 26.5%.

Export sales amounted to TND 729,000 compared to TND 2.5 million in the previous year, a decrease of 71.2%.

Production also fell by 44.7% to TND 9 million at March 31, 2024, compared with TND 16.4 million a year earlier.

In addition, bank liabilities now stand at TND 44.6 million, compared to 39.9 million dinars at December 31, 2023, an increase of 11.6%.

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