Délice Holding Reports Significant Net Profit Growth in 2023

The net profit for Délice Holding's 2023 fiscal year has reached 34.43 million dinars (Mtnd), marking a remarkable increase compared to the previous year, which stood at 23.93 Mtnd in 2022.

This growth is supported by a substantial increase in operating revenues, which totaled 36.74 Mtnd in 2023, up from 25.93 Mtnd in 2022.

It is worth noting that the company's revenues primarily come from dividends and consulting fees, studies, and management fees billed to affiliated companies.

However, this revenue growth is accompanied by a significant increase in operating expenses, rising from 0.57 Mtnd in 2022 to 2.66 Mtnd in 2023. This increase can be attributed to investments in new infrastructure, expansion of operations, or other growth initiatives.

Despite the increase in expenses, the operating result remains solid, reaching 34.07 Mtnd in 2023, up from 25.36 Mtnd in 2022. This suggests that the company has successfully generated a higher operating profit despite increased expenditures.