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Tunisia: CIL posts net profit of 12 million dinars in 2018, up 6%

The Board of Directors of the International Leasing Company (CIL) reviewed at its meeting on March 26, 2019, the company’s activity and approved the individual and consolidated Financial Statements for the 2018 financial year that were submitted to the Statutory Auditors.

The individual financial statements show a net profit of 12.17 million dinars, compared to 11.5 million in 2017, up 5.8%.

As for the consolidated financial statements, they show a net result of 12 million dinars, against 11.85 million a year earlier, i.e. a slight increase of 1%.

In addition, the Board of Directors has decided to convene an Ordinary General Meeting for Tuesday, April 30, 2019 at 3:00 pm at the Arab Institute of Business Managers (IACE) and to propose the distribution of a dividend of 0.900 dinar per share for 2018, including 0.210 dinar distributable withholding tax, i.e. the same dividend paid for 2017.

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