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Tunisia: SOTUVER sees net profit climb up by 67% in H1

The Tunisian Company of Glassware (SOTUVER) has published its interim financial statements as at June 30, 2017.

These statements show a net profit for the period of 4.3 million dinars against 2.5 million in the first half of 2016, i.e. a rise of 67.1%.

The company’s total revenues grew 20.7% year-on-year to 30 million dinars against 24.8 million at the end of June 2016.

SOTUVER also put under control its half-yearly expenses, which virtually stagnated between June 2016 and June 2017 to stand at 22.8 million dinars.

To this end, operating income for the period showed a surplus of 7.2 million dinars against 3.8 million a year earlier, up 89.6%.

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