TELNET Holding Group announced that it had achieved a turnover of TND 45 million at the end of September, compared to TND 41.3 million in 2022, an increase of 9%.
As of September 30, 2023, R&D activities continued to grow, increasing by 12.2% compared to 30 September 2022 to TND 34.5 million. This growth is due to the increase in business volume in the Electronic Banking, Telecommunications and Multimedia activities.
At the end of the first nine months of the year, the company’s EBITDA was TND 6.3 million, while the Group’s EBITDA was TND 7.7 million.
The company’s EBITDA margin was 72.1% compared to 17.06% for the Group.
