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HomeNewsTunisia: ADWYA increases its turnover by 67% in Q1

Tunisia: ADWYA increases its turnover by 67% in Q1

ADWYA released its business indicators for the first quarter of this year on Thursday, April 14, 2022.

It appears that the turnover has grown by about 67% to 23.1 million dinars, against 13.8 million at the end of March 2021. This is due mainly to the increase in the share of sub-licensed products in the turnover ADWYA from a contribution of 39% to 53% as well as a clear rise by 40% of sales of generic products.

Investments reached 647 thousand dinars, at the end of the first quarter 2022, intended mainly for the renewal of equipment and industrial tools.

The debt structure amounts to 36.8 million dinars at the end of March 2022, a decrease of 16.5% compared to December 2021 thanks to the repayment of bank loans of 766 thousand dinars and a decrease in management loans by -19.7%.

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