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HomeNewsTunisia: SOTUMAG reports net profit of 1.3 million dinars in H1

Tunisia: SOTUMAG reports net profit of 1.3 million dinars in H1

The Tunisian Company of Wholesale Markets (SOTUMAG), on Wednesday, published its interim financial statements as of 30 June 2017.

These statements show a net profit of 1.31 million dinars in that period against 1.07 million in the same date in 2016, thus registering growth of 23%.

The company’s half-yearly revenues increased by 9.7% year-on-year to 5.9 million dinars, while operating expenses grew only 5.8% to 4.4 million dinars against 4.2 million a year earlier.

To this end, operating income in the first half of the year increased by 24.2% to stand at 1.4 million dinars.

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