Tawsol Group Holding's Ordinary General Assembly: A Vote of Confidence
December 30, 2024
In a climate of trust, Tawsol Group Holding (TGH) held its Ordinary General Assembly on December 30, 2024. With a strong participation rate (over 74% of the capital represented), shareholders validated the 2024 financial statements, marking a key milestone for the group's financial solidity.
In an economic context that demands agility, Tawsol Group has proven its resilience. The numbers speak for themselves: the group reported a consolidated net income of 1.15 million dinars.
At the parent company level, the indicators are equally encouraging, with a profit of nearly one million dinars and a balance sheet totaling 138.4 million dinars. These performances demonstrate the group's ability to transform its operational challenges into concrete results.
Key Decisions
- The Assembly decided to allocate almost all of the profits to strengthening the company's equity.
- Out of a total amount of 3.3 million dinars (including previous year's results), the group prioritized carrying forward and legal reserves. This clear strategy aims to bolster the financial foundation to support future projects.
Governance and Leadership
- Representation: Ahmed Sellami was officially appointed to represent minority shareholders until 2026.
- Continuity: Moez Ben Ali's mandate as auditor was renewed for an additional three years.
- Trust: The board members received approval for their management, validating the strategic choices made during the past year.
By adopting all resolutions with near-unanimity, Tawsol Group Holding's shareholders are sending a strong signal to the market: that of a serene, transparent, and financially healthy group ready to face its upcoming challenges.
