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HomeNewsTunisia: “Tunisie Leasing” reports net profit of 13.6 million dinars

Tunisia: “Tunisie Leasing” reports net profit of 13.6 million dinars

“Tunisie Leasing” has just announced that its Board of Directors had met on Tuesday, March 27, 2018 and approved the individual and consolidated financial statements for the year ended December 31, 2017.

Thus, the individual financial statements show a net profit of 13.6 million dinars, up 8% compared to 2016, while the consolidated financial statements show a net result of 11.8 million dinars, down 6 % compared to 2016.

The Board of Directors has decided to convene an Ordinary General Meeting on Friday, April 27, 2018 and to propose the distribution of a dividend of 1 dinar per share, i.e. 20% of the par value.

Dividends being deducted from profits earned prior to 2013 will be distributed free of withholding tax.

In addition, The Board has decided to convene an Extraordinary General Meeting on Friday, April 27 at the company’s headquarters to deliberate on the change of corporate name following the merger by absorption of “Tunisie Factoring”.

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