In the second quarter of 2024, City Cars’ revenues decreased by 36.3% to 47.5 million dinars compared to 74.6 million in the same period of 2023.
This was due to a delay in the new vehicle delivery program for the third quarter of 2024 compared to the program originally planned for the second quarter.
For the first half of the current year as a whole, revenues decreased by 4.7% to 137.5 million dinars, compared to 144.3 million dinars for the same period in 2023.
At the end of June 2024, investment income amounted to 6 million dinars, compared to 5.5 million dinars for the same period in 2023, an increase of 8.4%.
Net cash amounted to 35 million dinars compared to 54.7 million dinars in the previous year.
At the end of the first six months of 2024, the payroll of the KIA dealership in Tunisia stood at 2.1 million dinars, compared with 1.97 million for the same period in 2023, up 6.9%.