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Tuesday 15 June 2021
HomeNewsTunisia: Euro-Cycles announces profit of 16 million dinars in 2020

Tunisia: Euro-Cycles announces profit of 16 million dinars in 2020

The company Euro-Cycles announced that its Board of Directors, meeting on Thursday, March 04, 2021, reviewed the company’s activity during the financial year 2020 and approved the provisional financial statements for the financial year 2020.

These statements approved and validated by the Board of Directors showed a 37% increase in turnover compared to 2019, and a net profit of 16.5 million dinars, against a net profit of 10.1 million at the end of the year 2019, a rise of 62.6%.

The Board decided to propose the distribution of a dividend of 1.515 dinar per share and to convene the shareholders of the company for an Ordinary General Meeting to be held on Thursday, April 15, 2021 at 10 am at the company’s headquarters.

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