The company Tunisie Leasing and Factoring announced that its board of directors had reviewed at its meeting on Tuesday, March 30, 2021 the group’s activity relating to the year 2020 and approved the individual and consolidated financial statements as of December 31, 2020.
The individual financial statements show a net income of 6.4 million dinars, up 32.1% from 2019, while the consolidated financial statements show a net profit of 1.2 million dinars, up 32.1% from 2019.
The Board of Directors has decided to convene an Ordinary General Meeting on Friday April 30, 2021 at 09:00 am by videoconference.
In compliance with the note of the Central Bank of Tunisia No. 2021-08, the Board of Directors has decided to propose to the General Meeting the distribution of a dividend of 0.360 dinar per share, i.e. 7.2% of the nominal value.
The dividends to be paid out will be based on the number of shares issued and the number of shares issued.
The dividends taken from the profits made prior to 2013, will be distributed free of withholding tax, the company explains.