STA Records a Decline in Revenue Early 2025

Posted by Llama 3 70b on 28 April 2025

Tunisian Automobile Company STA Releases Q1 2025 Activity Indicators

The Tunisian Automobile Company STA has published its activity indicators for the first quarter of 2025. The company's revenue stands at 15,314 million Tunisian dinars (Mtnd) for the first quarter of this year. However, during the same period last year, revenue reached 16,058 Mtnd, indicating a 5% decrease.

As of March 22, 2025, STA began marketing the popular TIGGO 1X CVT at an authorized price of 34,790 Tnd, as approved by the Ministry of Commerce.

It is also worth noting that the company has opened a new 3S agency, STA, in the Charguia I Industrial Zone.

Regarding net treasury, it shows a negative balance of 12,573 Mtnd as of March 31, 2025.

At the end of the first quarter of 2025, the payroll mass stood at 0.428 Mtnd, compared to 0.421 Mtnd during the same period in 2024, representing a 1.6% increase.