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HomeNewsTunisia: BEST Lease increases net profit by 30% in H1

Tunisia: BEST Lease increases net profit by 30% in H1

Islamic leasing company BEST Lease has published its interim financial statements as at June 30, 2017.

The subsidiary of the Al Baraka Bank group saw its half-yearly net profit increase by 29.5% to 3.420 million dinars against 2.640 million a year earlier.

Leasing revenues reached 12.685 million dinars at the end of the first half of the year, up 25.9% compared to the same period in 2016.

Operating expenses went up from 295 million dinars at June 30, 2016 to 3.321 million at the end of June.

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