HomeNewsTunisia: SIPHAT reports TND 9 million in revenue and TND 108 million...

Tunisia: SIPHAT reports TND 9 million in revenue and TND 108 million in debt in 2023

The Société des Industries Pharmaceutiques de Tunisie (SIPHAT) has just published its business indicators for the last quarter of 2002. These indicators show an 8% fall in annual turnover to TND 9.5 million.

This decline is mainly due to a 35% drop in hospital sales, from TND 9 million in December 2022 to TND 5.9 million in December 2023.

In contrast, sales of the officinal form increased by 165% to TND 3.2 million, compared to TND 1.2 million in 2022.

Production also fell by 14.8% to 7.5 million dinars, compared with TND 8.9 million at the end of December 2022.

In addition, the public company’s debt increased by 19.7% compared to the end of 2022, reaching TND 108.2 million.

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