HomeNewsTunisia: Aetech quadruples half-year losses

Tunisia: Aetech quadruples half-year losses

Aetech’s operating income was TND 470,000, as of June 30, 2023, down sharply from TND 4.06 million in the first half of 2022. Total operating expenses fell to TND 0.898 million from TND 4 million in June 2022.

Nevertheless, the operating result was already in deficit by TND 0.428 million.

The net financial expenses of TND 295,731 and the “other ordinary losses” of TND 89,184 then caused Aetech’s deficit to multiply by more than 4, from TND -192,076 in June 2022 to TND 814,331 at the end of June 2023.

The days of a profit of TND 3.1 million for the whole of 2022 are long gone.

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