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%).
