A good Q1
GIF Filter posted its figures for the first quarter of the year, showing a 20.7% revenue increase to TND3.855m vs. TND3.193m a year ago. The domestic market showed an improvement of 16.5% to TND2.792m. The export sales jumped by 33.5% to reach TND1.062m. Furthermore, the production was down by 19.5%, yoy. The investments engaged during the first three months of the year amounted to TND0.552m vs. an investment of TND0.122m by the end of March 2016, oriented mainly to the acquisition of transport and industrial equipment linked to a pleating production line as part of the upgrade program.
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