Sotipapier Sees Significant Decline in Net Result and Operating Income in First Half of 2024
During the first half of 2024, the Tunisian Industrial Company for Paper and Cardboard (Sotipapier) recorded a decline of approximately half of its net result, dropping from 5,905 million Tunisian dinars (Mtnd) as of June 30, 2023, to 2,966 Mtnd as of June 30, 2024.
Furthermore, the operating income also experienced a significant drop, falling from 8,712 Mtnd as of June 30, 2023, to 4,962 Mtnd as of June 30, 2024, representing a decrease of around 43%.