ENNAKL Automobiles has just announced that its Board of Directors, at its meeting on March 26, 2025, approved the management report and the individual and consolidated financial statements for the financial year 2024.
In addition to reviewing the financial statements and the management report, the Board of Directors also approved the company’s first ESG (Environmental, Social and Governance) report for the fiscal year 2024.
This marks a turning point in the company’s commitment to sustainability and transparency by providing stakeholders with a clear vision of the actions and progress made in the environmental, social and governance areas.
ENNAKL Automobiles ended 2024 with a total of 6,599 registrations, or 12% of the market.
The turnover at the end of 2024 was 595 million dinars, compared to 645.1 million dinars in 2023, a decrease of 7.8%.
The net profit after tax was 44.2 million dinars, compared to a profit of 34.7 million dinars in 2023, an increase of 27%. The tax payable for the 2024 financial year amounts to 17 million dinars.
Consolidated revenues at the end of 2024 amounted to 677.7 million dinars, compared to 714.5 million dinars in 2023, a decrease of 5.4%.
The consolidated net profit after tax was 48.3 million dinars compared to 40.3 million dinars in 2023, an increase of 20%. The consolidated tax for the financial year 2024 amounts to 23.1 million dinars.
The Board of Directors has decided to convene the company’s shareholders to the Ordinary General Meeting to be held on April 25, 2025 at 9:00 a.m. at the company’s head office in La Charguia.
The Board of Directors has proposed the distribution of a dividend of 0.880 dinars per share, compared to a dividend of 0.700 dinars per share paid last year.