The export market confirms its collapse
During Q3 2016, SIAME’s revenues recorded a shy increase by 1.78% to TND6.076m. However, revenues registered since the beginning of the year have significantly deteriorated (-15.77% yoy to TND17.134m vs. TND20.342m as of 9M 2015). The production value has also worsened by 8% to TND5.433m, causing a considerable decline of the production realized since January 1st, 2016 (-20.58% to TND15.792m). Investments engaged since the beginning of the year kept an almost stable rhythm (+1.29% to TND0.595m, essentially pulled up by the investments achieved during Q3 2016, amounting to TND0.168m vs.
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