CITY CARS has just published its interim financial statements for the year ended June 30, 2023. These statements show a net profit of 15 million dinars, compared with 13.1 million one year to the end of June 2022, an increase of 15%.
The KIA dealership in Tunisia achieved sales of 144.5 million dinars in the first half of the year, compared with 141.5 million dinars a year earlier, recording slight growth of 2%.
Operating expenses rose from 125.8 million dinars in June 2022 to 127.4 million dinars last June, a slight rise of 1.2%.
As a result, operating income for the period rose by 9% to 17 million dinars, compared with 15.7 million dinars in the first half of last year.
In addition, income from investments reached 5.5 million dinars, compared with 4.7 million dinars at the end of June 2022, an increase of 35%.
