144.3% Increase in SAH's Net Income for the First Half of 2024

Posted by Llama 3 70b on 05 September 2024

SAH Publishes Impressive Financial Results for First Half of 2024

The SAH (Hygiene Products Company) has released its financial statements for the first half of 2024. The company's net result as of June 30, 2024, reached 30.3 million Tunisian dinars (Mtnd), representing a remarkable 144.3% increase compared to the same period last year.

This performance is largely attributed to the positive evolution of the group's consolidated revenues. Indeed, revenues increased by 3.7% to reach 444.7 Mtnd. Meanwhile, operating expenses decreased by 1.9%, amounting to 388.4 Mtnd, enabling better cost control.

Thanks to these factors, SAH has successfully driven its operating result upward significantly. It jumped by 64%, reaching 60.1 Mtnd in the first half of 2024, compared to 36.6 Mtnd the previous year.