HomeNewsTunisia: SIPHAT's bank debt exceed TND 100 million at end-September

Tunisia: SIPHAT’s bank debt exceed TND 100 million at end-September

SIPHAT virtually stabilized its overall turnover at TND 7.3 million, at the end of the first nine months of the current year compared with TND 7.6 million in the previous year.

The public company’s income comes from the sale of the dispensary model (TND 2.1 million), the hospital model (TND 4.7 million), exports (TND 375,000) and paramedical products (TND 264,000).

In addition, the outstanding debt of the company, which employs 443 permanent staff, has increased by 15% since the end of December 2022 to TND 104.1 million.

This debt has been accumulating for years due to the low turnover achieved, which is used to cover net salaries and some operational suppliers.

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