Tunisian Telecommunications Company (Sotetel) Achieves Notable Performance in First Half of 2024
The Tunisian Telecommunications Company (Sotetel) has achieved a remarkable performance in the first half of 2024, with a net result that has more than tripled to reach 1.6 million Tunisian dinars (Mtnd).
Sotetel's turnover has seen a 34.2% increase, rising to 35.4 Mtnd compared to 26.4 Mtnd during the same period in 2023.
Meanwhile, operating expenses have increased by 29.2%, reaching 33.6 Mtnd. Despite this rise in costs, Sotetel has managed to improve its operating result, which has jumped by 162.6% to 2.3 Mtnd.
With these encouraging results, Sotetel demonstrates its ability to maintain sustained growth while strengthening its profitability.