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HomeNewsTunisia: ASSAD announces a record turnover of 99 million dinars in 2018

Tunisia: ASSAD announces a record turnover of 99 million dinars in 2018

Tunisian Accumulator ASSAD achieved a record turnover of 99 million dinars for the whole of 2018, up 8.5% compared to 2017.

On the local market, turnover increased by 11% from 31.1 to 34.5 million dinars, while on the export market, it grew 7.2% from 60.1 to 64.5 million dinars.

Nevertheless, the volume of production decreased by 3.8% compared to that of the year 2017 to stand at 1,061,263 equivalent standard batteries.

Investments in the year were in the order of 3.2 million dinars, down 14.3%.

In addition, total indebtedness increased by 7.1% compared to 2017 to reach 53.2 million dinars.

The company recalls that this amount includes 25 million dinars convertible into shares.

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