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Tuesday 27 July 2021
HomeNewsTunisia: ADWYA's revenues down 4.81%

Tunisia: ADWYA’s revenues down 4.81%

The total turnover of ADWYA is 84.75 MTD for the year 2016 against 89.02 MTD in 2015, a negative variation of 4.81% the equivalent of 4.28 MTD

This decrease was mainly due to sales of licensed products, the hospital market and export sales. Revenues from the licensed range decreased by 5.65% at the end of December 2016.

The export turnover declined by 52.9% compared to the one achieved in 2015. The turnover of the hospital market decreased by 15.21% compared to that achieved in 2015.

Production in units in 2016 increased by 4.56% compared with 2015. This growth in production comes mainly from the generic range, i.e. 20%, the equivalent of 1,030 M Boxes more than 2015.

At the level of investments, the company spent in the year 2016 the sum of 6.16 MTD used mainly for the renewal of industrial equipment and tools, and extension works for the new project.

In the fourth quarter of 2016, the company contracted a leasing credit of 132 MTD which was used for the renewal of the equipment, i.e. a total of 500 MTD in the 2016 financial year. The total number of employees at 31/12/2016 is 560 employees.

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