The Tunisian Company of Telecommunications Enterprises, SOTETEL, has just published its activity indicators as at December 31, 2022. The subsidiary of “Tunisie Telecom” has seen its annual turnover increase by 25.8% to 50.5 million dinars.
This increase is the result of the combined effect of the rise of local sales by 26.7% to 48.8 million dinars and the growth of export sales by 76.6% to 958,000 dinars.
As for operating expenses, they went up from 36.9 million dinars to 44.4 million between December 2021 and last December, posting an increase of about 20.4%.
The company showed a cumulative EBITDA of 6 million dinars at the end of the past year, against an EBITDA of 3.2 million dinars in 2021, up 86.5%.