Sotumag Demonstrates Solid Financial Performance in 2023
Sotumag has demonstrated solid financial performance for the 2023 fiscal year, with key figures testifying to its growth and stability. Indeed, the net result reached 7.65 million Tunisian dinars (Mtnd) in 2023, up from 6.2 Mtnd the previous year. Similarly, the operating result saw a notable increase, rising from 5.2 Mtnd in 2022 to 6.51 Mtnd in 2023.
These performances were supported by an increase in total operating revenue, which stood at 17.7 Mtnd in 2023, compared to 16.5 Mtnd in 2022. This revenue growth was accompanied by effective management of operating expenses, which decreased slightly to 11.18 Mtnd in 2023, compared to 11.26 Mtnd the previous year.