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HomeNewsTunisia: half-yearly profit of Electrostar 4 times higher than in 2015

Tunisia: half-yearly profit of Electrostar 4 times higher than in 2015

+ 306% is the increase recorded by the interim net profit of Electrostar. The interim financial results, closed June 30, 2016, show a profit of 648,888 dinars against a profit of 159,716 dinars in the first half of 2015.

Half-yearly income of the company amounted to 45.3 million dinars (MD) at the end of June against 35 million dinars to June 30, 2015, i.e. a leap of + 29.5%.

Operating expenses have weighed on the results of Electorstar; they reached 38.131 MTD at the first half of 2016 against 31.8 MTD last year.

Worse, the net financial expenses of the company almost doubled compared with the first half of 2015, to 6.6 MTD.

The operating result for the period shows a surplus of 7.2 MTD, significantly better than that of last year, 3.152 MD in June 2015, up 128%.

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