HomeNewsTunisia: AeTECH improves its quarterly revenues by 26% to 2 million dinars

Tunisia: AeTECH improves its quarterly revenues by 26% to 2 million dinars

The company AeTECH has achieved a turnover of 2 million dinars at the end of the first quarter of the current year, against 1.6 million during the same quarter of 2021, up 26%.

The turnover of the activity “Solutions” amounts to 714 thousand dinars, an increase of 63% compared to the first quarter of 2021.

The “Distribution” activity, meanwhile, generated revenues of 1.3 million dinars also rising 11% compared to 2021.

Operating expenses (excluding depreciation and provisions) went up from 1.4 million dinars at March 31, 2021 to 1.9 million at the end of March 2022, up 35%.

The personnel expenses recorded a slight increase of 4% to 311 thousand dinars.

The gross operating surplus stood at 83 thousand dinars in the first quarter with a positive margin of 4%.

In addition, the net financial expenses of AeTECH decreased by 23% from 165 thousand dinars to 127 thousand dinars between March 2021 and March 2022.

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