Simpar's Q1 2024 Revenue Reaches 1.2 Million Dinars, Down 23.48% from Q1 2023
Simpar's revenue for the first quarter of 2024 reached 1.2 million dinars, marking a 23.48% decrease compared to the same period in 2023, when it stood at 1.625 million dinars.
Firm sales promises, totaling 5 million dinars at the end of the first quarter of 2024, demonstrate clients' confidence in the company's projects. Moreover, Simpar is actively pursuing several development projects, offering opportunities for future growth.
Additionally, inventory levels have also decreased between the first quarter of 2023 and 2024, which may indicate more efficient inventory management or adjustments to fluctuations in demand.