Ennakl Automobiles Releases Interim Financial Statements as of June 30, 2024
The company's net income for the period ending June 30, 2024, amounts to 28,979,181 TND, marking a significant 33.11% increase compared to the same period last year, which stood at 21,771,495 TND.
Key Highlights of the Period
At the end of the first half of 2024, the company's revenue recorded a 5% increase compared to the same period in 2023, rising from 295,748,283 TND to 310,954,251 TND as of June 30, 2024.
Investments made during the first half of 2024 amounted to 2,981,572 TND, compared to 995,966 TND during the same period in 2023.
The company has finalized the liquidation procedure of AFCAR, in which it held a stake of 3,859,414 TND. As a result, the company has accounted for a provision reversal and a loss of equal amount related to this stake.
It is worth noting that Aziz Haj Romdhane has been appointed as Deputy General Manager, effective September 1, 2024, replacing Maher Ahmed Jaiet, who has retired.
