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Tunisia: Euro-cycle records net profit of 7.6 MD at end of June 2020

The Euro-cycle group recorded a net profit of 7.6 million dinars (MD) at the end of the first half of 2020, i.e. an increase of 20% compared to the result achieved at the end of June 2019.

According to the group’s financial statements, recently published on the site of the Tunis Stock Exchange, the operating result has, in turn, increased by 26% to 9.2 MD.

As for revenues, they stood at 45.1 MD, which corresponds to an increase of 12% compared to the first six months of the past year.

As a reminder, Euro-cycle is a group of Tunisian law operating in the industry sector.

It is made up of a parent company Euro-cycle and a company under exclusive control Tunindustries with a direct shareholding of 99.9% of the capital. 

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