Magasin Général Reports 7% Increase in Sales for Q2 2024
Magasin Général has published its activity indicators for the second quarter of 2024, revealing a 7% increase in sales compared to the same period last year, reaching 207.3 million Tunisian dinars in merchandise sales.
Personnel Expenses Rise by 11.12%
Personnel expenses for this quarter have also increased by 11.12%, reaching 22.5 million Tunisian dinars compared to the second quarter of the previous year. The wage bill ratio to tax-exempt turnover (CA HT) has risen from 8.59% as of June 30, 2023, to 8.80% as of June 30, 2024.
Number of Sales Outlets Reaches 103
As of the end of the second quarter of 2024, the number of sales outlets has increased to 103, following the opening of "Batam Ain Zaghouan".