Tunisian Arab Leasing (ATL) Releases Q2 2024 Activity Indicators
Tunisian Arab Leasing (ATL) published its activity indicators for the second quarter of 2024 yesterday, July 18. The company's operating revenue saw a 10% increase compared to the same period in 2023.
During the first half of 2024, ATL recorded a surge in new business, with a 10% increase compared to the previous year, bringing the total amount to 198.5 million Tunisian dinars (Mtnd).
The company's engagement also improved, increasing by 7% compared to the first half of 2023. This growth indicates continued solidity in contract management and customer relationships, reinforcing ATL's position in the market.
ATL successfully managed risk costs, with a notable reduction in classified claims. The volume of classified claims decreased by 1.3 Mtnd compared to June 30, 2023.
Regarding operating expenses, ATL posted a moderate increase of only 2% compared to the previous year.