The business indicators of the companies listed on the Tunis Stock Exchange in the first half of 2024 show an increase in total revenues by 2.3% compared to the same period in 2023, reaching 12 billion dinars.
In fact, 72% of the companies that published their indicators for the first six months of 2024, i.e. 51 out of 71, improved their revenues compared to the same period of the previous year. The 20 companies that make up the Tunindex20 generated revenues of 7.7 billion dinars (or 64% of total revenues), almost the same as in the same period last year.
In the financial sector, the 12 listed banks generated a cumulative net banking income of 3,502 million dinars in the first half of 2024, compared to 3,313 million dinars in the same period of 2023, an increase of 5.7%.
The total net income of the 7 listed leasing companies increased by 7.1% in the first half of 2024 compared to the same period in 2023, reaching 269 million dinars compared to 251 million.
For the six listed insurance companies, total premiums written increased by 10%, from 759 million dinars to 835 million dinars.
The financial sector as a whole, comprising 28 listed companies, achieved total revenues of 4,639 million dinars, compared with 4,348 million, an increase of 6.7%.
In the consumer goods sector, the total revenues of the three major groups operating in the food industry (Poulina Group Holding, Délice Holding and SFBT) decreased by 3.6% from 2,961 million dinars to 3,072 million dinars.
In the same sector, the four car dealerships (excluding UADH) saw their total sales rise by 12.3% in the first half of 2024 to 619 million dinars, compared to 551 million in the same period of 2023.
In the consumer services sector, the total turnover of the two listed supermarket chains (Monoprix and Magasin Général) increased by 7.7% in the first half of 2024 compared to the same period in 2023, reaching 828 million dinars compared to 769 million.
In general, five of the nine sectors performed positively, with the telecommunications sector showing the strongest growth at 28.3%, followed by the technology sector at 10.4%.
Among the subsectors, seven showed positive performance. The strongest performer was distribution with 10.8%, followed by insurance with 10.0% and financial services with 9.5%.
Five sub-sectors underperformed, with Industrial Goods & Services being the worst performer, down 12.7%, followed by Building Materials at 10.8%.
The strongest performers were SITS (+250), TUNINVEST SICAR (+127%), CELLCOM (+84%), MPBS (+64%), STA (+56%) and ARTES (+52%).
On the other hand, the largest falls in turnover were recorded by ESSOUKNA (-87%), CIMENTS DE BIZERTE (-60%), SOTEMAIL (-39%), SOTUVER (-39%) and SOMOCER (-35%).
