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Friday 24 September 2021
HomeNewsTunisia: Net profit of ''Euro Cycles'' up 15.6% in 2012

Tunisia: Net profit of ”Euro Cycles” up 15.6% in 2012

The Financial Statements of Euro-Cycles company for the year 2012 show the following highlights:

-Turnover increased from 47,305,863 TD at the end of the 2011 fiscal year to 4,852,0861 TD in December 31, 2012, posting a growth of 1,214,998 TD, up 2.58%

-Operating expenses grew by 544,136 TD (or 1.23%) representing (92.45%) compared to sales in 2012 against (93.68%) in 2011.

-Net profit for the year 2012 amounted to 5,557,738 TD against 4,805,013 TD at the end of the fiscal year 2011, up 752,725 TD (15.6%).

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