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Tunisia: New Body Line sees net profit decline by almost 50% in 2022

New Body Line has published its financial statements for the year ended December 31, 2022, as they will be submitted for approval to the Ordinary General Meeting that will decide on the 2022 financial year.

These accounts show a net profit of 1.1 million dinars, compared to 2.1 million in 2021, a decrease of 48%.

This decrease is the result of the combined factor of a 20% decrease in revenues from 6.8 million dinars to 5.4 million dinars between 2021 and 2022, and a 5% increase in operating expenses to nearly 5 million dinars.

As a result, the company’s operating profit fell by 75% to 0.5 million dinars last year, compared to 2.1 million dinars in 2021.

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