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Saturday 25 September 2021
HomeNewsTunisia: ASSAD sees revenue growth of 34% in H1

Tunisia: ASSAD sees revenue growth of 34% in H1

The Tunisian Accumulator Company ASSAD has published its activity indicators for the first half of 2019. These indicators show a 34.3% increase in sales compared to the same period of 2018, going from 41.1 to 55.2 million dinars.

On the local market, turnover grew 28.1% compared to the first half of last year; thus the turnover went up from 13.6 MD to 17.4 MD. For the export market, turnover increased by 37.3% from 27.6 MD to 37.9 MD.

Production of the half-year shows an increase of 6.4% compared to the first semester of 2018. The investments of the period were of the order of 1.3 million dinars.

As for the total indebtedness of the company, it decreased by 0.420 million dinars, or -0.8% compared to June 30, 2018. In fact, it went from 51.1 million dinars to 30 June 2018 down to 50.7 million dinars as of June 30, 2019.

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