Société Industrielle d’Appareillage et de Matériels Electriques (SIAME) has published its interim financial statements for the six months ended June 30, 2010.
These statements show a 54% increase in net profit to 1.7 million dinars, compared to 1.1 million dinars at the end of June 2023.
At the end of the first six months of the current year, the company’s revenues totaled 22.1 million dinars, compared with 19.5 million dinars a year earlier, representing growth of approximately 13.7%.
Operating expenses rose from 17.2 million dinars to 19.3 million dinars, an increase of 12.2%.
As a result, operating profit for the period increased by 25.3% to 2.8 million dinars, compared to 2.2 million dinars at the end of June 2023.
