A good quarter
During Q2 2017, the revenues of the parent company have almost doubled (+49.4% yoy), reaching TND7.884m. The local market has well done, with a revenue moving from TND3.005m in Q2 2016 to TND5.313m a year after. Export sales also improved, by 13.2% to TND2.570m. Investments amount to TND0.645m vs. TND0.322m in Q2 2016. The production climbed by 37.8% to establish at TND6.988m.On a yearly basis, SIAME recorded revenues amounting to TND13.917m, a 25.9% yoy 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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