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Tuesday 15 June 2021
HomeNewsTunisia: SOMOCER consolidated revenues rise 10.76%

Tunisia: SOMOCER consolidated revenues rise 10.76%

The SOMOCER group’s consolidated revenues reached 128.9 MD at the end of the 2018 financial year, posting an increase of 10.76%, stock market broker Mena Capital Partners (MCP) said on Tuesday.

The group thus generated operating income of 23.4 million, compared to 19.4 million in 2017, up 20.72%.

The increase in financial expenses, from 14.6 to 18.3 MD, mainly due to exchange differences, was partially offset by the other ordinary gains, from 0.550 to 1.5 MD, of which 0.745 DT comes from the tax amnesty which the SOMOCER and SOTEMAIL companies have benefited from in previous years, and by the decrease in other ordinary losses.

The net profit, group share, thus stood at 5.744 million dinars, compared with 3.291 million dinars in 2017, an increase of 73.63%.

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