HomeNewsTunisia: SOTETEL achieves quarterly revenues up 12% to over 9 million dinars

Tunisia: SOTETEL achieves quarterly revenues up 12% to over 9 million dinars

The activity indicators of SOTETEL show a total turnover of 9.3 million dinars in the first quarter, up 12.1% compared to the same quarter of 2021, including 9 million made on the local market (+14.2%).

Operating expenses posted a rise of 7.9% to 8.6 million dinars including consumed purchases of 4.3 million dinars (+17.9%) and personnel expenses of 3.4 million dinars (-3.2%).

EBITDA comes out positive by 694 thousand dinars in the first quarter, up 119.8% compared to last year.

In addition, the company has achieved financial income of 143 thousand dinars in the first quarter, while financial expenses stood at 280 thousand dinars (-33%).

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