Land'Or Publishes Financial Results for First Half of 2024, Showing Notable Improvement in Performance Despite Slight Decline in Revenue
For the semester ended June 30, 2024, Land'Or reported a revenue of 88.55 million TND, compared to 93.48 million TND for the same period in 2023. The total revenue stood at 89.25 million TND, down from 94.32 million TND recorded a year earlier.
Despite the slight decline in revenue, the company achieved a net profit of 4.77 million TND, compared to a net loss of 2.41 million TND in the first half of 2023. This performance is partly attributed to more effective management of operating expenses, which decreased significantly from 93.63 million TND as of June 30, 2023, to 80.98 million TND as of the same date in 2024.
