A quality management, a great improvement
Ennakl released its Q1 2016 financial statements revealing its impressive performance in early 2016. The dealer’s revenues reached TND86.3m, i.e. a 48.5% increase on a y-o-y basis. The company’s gross margin increased substantially by 69% to establish at TND14.6m, i.e. a gross margin rate gotten fat by 205 basis points to 16.95%. At the end of March, 2016, the company’s net cash position amounted to TND76.6m, i.e. an 80.2% y-o-y increase.
AlphaMena is the MENA stocks leader in independent equity research, covering 142. MENA securities spanning across 19 sectors and 8 countries relaying on a team of 11 analysts. The breadth of coverage allows AlphaMena to formulate a coherent view on markets, sectors and to highlight the best investments in Mena zone using a robust homogeneous and transparent methodology, enabling pure and pertinent comparisons based on financial and extra-financial criteria.
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