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HomeNewsTunisia: City Cars improves revenue by 6% in Q2 2022

Tunisia: City Cars improves revenue by 6% in Q2 2022

The revenues of the company City Cars, dealer of the KIA brand in Tunisia, amounted to 95 million dinars, against 89.4 million during the same period in 2021, up 6.2%.

Over the whole of the first half of 2022, revenues fell by 11.7% to 141.3 million dinars, against 160 million during the same period in 2021.

Net cash reached 75.7 million dinars, As of June 30, 2022, compared to 79.1 million a year earlier, down 4.4%.

Investment income reached 4.7 million dinars, during the first half of 2022, compared to 3.6 million during the same period in 2021, an increase of 31.2%.

Following the inauguration of the new agency “STE MOLKA AUTO” located in Kelibia, the number of sales outlets rose to 20 official agencies at the end of the second quarter of 2022.

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