Sonede International Sees 30% Drop in Net Income
The net income of Sonede International has plummeted by 30%, decreasing from 157,594 dinars in 2022 to 109,682 dinars in 2023, according to the company's financial statements for the 2023 fiscal year.
Furthermore, the operating result has also experienced a decline, dropping from 218,615 dinars in 2022 to 158,871 dinars in 2023.
However, the net balance of "Clients and related accounts" has slightly increased, reaching 752,376 TND in 2023, compared to 726,813 TND in 2022.
These figures will be submitted for approval at the Ordinary General Assembly scheduled for June 12, 2024.
Founded in 2009 by the National Water Distribution and Exploration Company (Sonede), Sonede International is a specialized company that focuses on hydraulic engineering studies and monitoring, operating exclusively for export, with a focus on Africa and the Middle East.