Marhaba Hotel and Tourism Company Posts Net Profit of 2,433 Million TND in 2024
The Marhaba Hotel and Tourism Company, which manages the Marhaba and Marhaba Club units in resort mode, has published its 2024 financial statements, showing a net profit of 2,433 million TND. The company achieved a turnover of 36,582 million TND, a significant increase compared to 2023 (25,188 million TND). The succession of good tourist seasons has enabled the company to improve its revenues and invest in its operations.
Key Financial Highlights
- Turnover: 36,582 million TND, up from 25,188 million TND in 2023
- Net profit: 2,433 million TND
- EBIT (Earnings Before Interest and Taxes): 8,524 million TND, a 49.4% increase from the previous year
- Financial expenses: 3,022 million TND
- Loan balance: 19,826 million TND
- Medium- and long-term credit from BIAT: 2.5 million TND
- Bank financing: 3,971 million TND at the end of the previous year
- Working capital requirements: 2,281 million TND, which remains under control
Outlook and Future Prospects
In 2025, the Marhaba Hotel and Tourism Company concluded a total settlement with the tax authorities, closing all pending cases. The company's financial performance demonstrates that with financial support and a dynamic tourism sector, structures can be profitable. At this rate, the company is expected to absorb its losses within four years, which is a significant achievement. For reference, in 2019, the company reported a loss of -13,729 million TND.
The tourism sector deserves a boost from the authorities, especially for structures that show operational performance and respect for social commitments. With continued support, the Marhaba Hotel and Tourism Company is poised for future success and growth.
