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Tunisia: STIP sees 75% increase in turnover to 85 million dinars until end September

The Tunisian Company of Pneumatic Industries (STIP) announced a turnover of 84.4 million dinars at the end of the first nine months of the year, against 48 million during the same period last year, recording a growth of about 75%.

This sharp increase is the result of the increase in local sales by 75% to 74.3 million dinars and exports of 84% to 10.1 million dinars.

As for the volume of production, it soared by 76% from 4,413 tons at the end of September 2020 to 7,765 tons at the end of last December.

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