Artes Company Publishes Third Quarter 2024 Activity Indicators
At the end of the third quarter 2024, Artes Company's turnover experienced a significant increase of 76,718 million dinars, representing a 69.83% growth compared to the same period in 2023, rising from 109,857 million dinars to 186,575 million dinars as of September 30, 2024.
Furthermore, the company recorded an increase in financial products of 6,751 million dinars as of September 30, 2024, compared to the same period in 2023, mainly due to the distribution of dividends by the group's companies.
Artes Company's net cash position also saw a significant increase of 49,682 million dinars compared to the end of the third quarter 2023, rising from 53,629 million dinars to 103,311 million dinars as of September 30, 2024.
