The economic indicators of listed companies for 2023 show an overall increase in revenues of 6.4% compared to 2022, reaching TND 24.4 billion, compared to TND 22.9 billion, the Tunis Stock Exchange announced.
69% of the companies that published their indicators, i.e. 50 out of 72, improved their cumulative revenues compared to the previous year.
The 20 companies that make up the Tunindex20 accounted for 15.6 billion dinars (or 64% of total turnover), up 6.9% on the previous year.
The Tunis Stock Exchange reported that the aggregate net banking income (NBI) of the 12 listed banks increased by 8.3% to 6,711 million dinars in 2023.
Similarly, the cumulative net leasing income of the 7 listed leasing companies increased by 6.4% in 2023 compared to 2022 to reach 527 million dinars.
Regarding the activity of the 6 insurance companies, the total amount of premiums written reached 1,386 million dinars, an increase of 6.1%.
The financial sector, which includes 28 listed companies and has the highest capitalization on the stock market, generated total revenues of TND 8,655 million compared to TND 8,023 million in 2022, an increase of 7.9%.
In the consumer goods sector, the total income of the three major groups operating in the
food industry (Poulina Group Holding, Délice Holding and SFBT) went up by 6.03% to TND 6,263 million.
In the consumer services sector, which comprises 12 listed companies (including MIP and UADH), the total turnover of the two listed supermarket chains increased slightly by 8% over the 12 months to TND 1,796 million compared to TND 1,663 million.
In contrast, the turnover of the four car dealerships (excluding UADH) increased by 14.3% to TND 1,227 million.
In general, six of the nine sectors represented in the list improved their turnover. The strongest increase was recorded by the healthcare sector, which rose by 36.3%, followed by the consumer services sector, which increased by 9.1%. In contrast, the materials sector fell by 23.7%.
Eight subsectors performed well across the board. The best performer was travel &leisure with a gain of 16.4%, followed by Retail with 9.1%, banking with 8.3% and financial services with 7.2%. The main underperformers were chemicals and Materials, down 31.3% and 18.1% respectively.
