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Tuesday 22 June 2021
HomeNewsTunisia: ADWYA sees its half-yearly revenues fall by 11% to 44 million...

Tunisia: ADWYA sees its half-yearly revenues fall by 11% to 44 million dinars

ADWYA generated a turnover of 44.4 million dinars in the first half of the year, i.e. a decrease of -11% compared to 2018.

This decline is due to the effect of lower revenues in the licensed range by -19%, the generic hospital range by -40% and export by -6%.

On the other hand, turnover increased 22% compared to the same period of 2018.

As of June 30, 2019, investments reached 2 million dinars, mainly for the renewal of equipment and industrial tools.

The debt structure at the end of June 2019 amounted to 17.3 million dinars, including 8 million in the form of the bank loan related to the investment project and a decrease in the management appropriations that stood at 6.3 million.

The debt structure shows an improvement of 30% compared to the end of March 2019, following the expiry of a non-renewed leasing contract, and the repayment of 646 thousand dinars relating to the middle and long-term debts.

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