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HomeNewsTunisia: TL sees net leasing revenues increase 10% at end-September

Tunisia: TL sees net leasing revenues increase 10% at end-September

Tunisia Leasing has published its activity indicators for the third quarter of 2017, which show an increase in net leasing revenues by 10.3% compared to the same period in 2016, at 30.033 million dinars.

The ratio of classified liabilities increased from 8.11% at September 30, 2016 to 6.57% at September 30, 2017.

Net lease income amounted to 57.313 million dinars at September 30, 2017, up 19.7% year-on-year.

During the third quarter, TL increased its net lease revenues to 20.151 million dinars against 17.416 million dinars during the third quarter of 2016.

Operating expenses amounted to 13.259 million dinars at September 30, 2017, up 11.2% year-on-year.

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