HomeNewsTunisia: TELNET Group improves profit by 6% in H1

Tunisia: TELNET Group improves profit by 6% in H1

The TELNET Holding Group has just published its consolidated interim financial statements for the six months ended June 30, 2002. These statements show a net profit (Group share) of TND 4.3 million compared to TND 4 million at the end of June 2022, an increase of 6.2%.

In the first six months of the year, the Group generated revenues of TND 31 million compared to TND 28.3 million in the previous year, an increase of 9.4%.

Operating expenses rose from TND 23 million in June 2022 to TND 26 million last June, an increase of approximately 13%, including TND 18.5 million in personnel expenses (+20%).

The operating profit for the period was a surplus of TND 4.9 million, TND compared to 5.3 million in the first half of 2022, a decrease of 6%.

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