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HomeNewsTunisia: SANIMED reports net profit of 314 thousand dinars in H1

Tunisia: SANIMED reports net profit of 314 thousand dinars in H1

SANIMED made a net profit of 314 thousand dinars, at the end of the first half of the current year against a profit of 1.9 million during the same period last year, therefore posting a decline of 83%.

The Company saw its half-yearly sales drop by 7.2% to 23.2 million dinars against 25 million at the end of June 2018.

As for operating expenses, they remained almost stable at 20.8 million dinars.

Therefore, the operating income of the period shows a surplus of 2.3 million dinars against 3.9 million a year rather, down 41%.

Moreover, the financial expenses rose by 11%, from 1.8 million dinars on June 30, 2018 to 2 million on June 30, 2019.

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