HomeNewsTunisia: listed companies improve overall revenue by 8% to 4.7 billion dinars...

Tunisia: listed companies improve overall revenue by 8% to 4.7 billion dinars in Q1

The activity indicators of listed companies in the first quarter of 2021 posted an increase in their overall income by 8.4% compared to the same period of 2020, to 4.7 billion dinars, the Tunis Stock Exchange. announced Tuesday.

Of the 77 listed companies, two companies have not published their indicators to date, namely MIP and The AMS. It thus emerges that 56 listed companies have improved their revenues compared to the same period of the previous year. The 20 companies that make up the Tunindex20 have cornered 2.9 billion dinars (63%) of the overall revenue, up 8.7% compared to last year.

Revenue evolution by sector

In the financial sector, the 12 listed banks achieved a cumulative net banking income (NBI) of 1,296 million dinars during the first quarter of 2021, compared to 1,228 million a year earlier, up 5.5%.

As for the overall net income of the 7 listed leasing companies, it grew 3.9% in the first quarter to 109 million dinars. The 5 listed insurance companies have seen the overall amount of premiums written reach 353.8 million dinars, compared to 354 million at the end of March 2020, a slight regression of 0.1%. The overall sector of the insurance industry has been growing at a steady pace.

The financial sector as a whole improved its overall income in the first quarter of 2021 by 4.2% compared to the same period last year.

In the Consumer Goods sector, the overall income of the three major groups operating in the food industry (Poulina Group Holding, Délice Holding and SFBT) increased by 10.9% from 1,102 to 1,222 million dinars.

In the Consumer Services sector, the overall turnover of the two listed retail chains (Monoprix and Magasin Général) decreased by 7.6% in the first quarter to 371 million dinars, against 402 million a year earlier.

To this end, out of nine sectors, eight saw their income increase. The Telecommunications sector has posted the highest rise with 40.2% followed by the Industries sector with an increase of 26.2%. The largest decline was in the Health sector with 39.5%.

Revenue evolution by company

The largest increases in revenue were achieved by TUNINVEST SICAR (+479%), SIMPAR (+372%), OFFICE PLAST (+118%), CELLCOM (+115%) and STIP (+109%).

On the other hand, the largest declines in income were recorded by UADH (-64.7%), GIF-FILTER (-54.6%), ADWYA (-52.1%), UNIMED (-27.2%), ATB (-13.9%) and TUNIS RE (-12%).

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

MOST POPULAR

HOT NEWS