SPDIT-SICAF Releases 2025 Financial Statements
The Industrial and Tourist Development and Investment Company – SPDIT-SICAF, a subsidiary of SFBT, specializing in asset management, has published its 2025 financial statements. The net profit stood at 30,772 MTND, a 3.8% increase from the previous year.
Key Financial Highlights
- Operating income totaled 35,435 MTND, including:
- 18,617 MTND in dividends from non-listed equity holdings, primarily from group subsidiaries
- 3,047 MTND in dividends from listed investments
- 6,690 MTND in capital gains from the sale of listed securities
- Compared to 2024, the company adopted a relatively passive strategy, yet still achieved profitability
- Monetary investment income reached 5,532 MTND, with:
- 4,202 MTND from certificate of deposit revenues
- 1,415 MTND from reversals of previous provisions
- Provisioning for depreciation of securities amounted to 0,319 MTND
- Operating result: 32,741 MTND
Portfolio Performance
The portfolio manager has a latent gain of 35,157 MTND, with an acquisition cost of only 11,857 MTND. This performance would not have been achieved without careful selection of securities and a long-term holding period. The board of directors has proposed a dividend of 1 TND per share, confirming that the stock has never disappointed.
