Report
EUR 236.14 For Business Accounts Only

Opaque outlook

In Q3 2017, SITS’s turnover decreased by 45.8% to TND0.840m compared to the same period in 2016. Over the year, sales more than doubled to TND5.553m. The stock of finished products fell by 34.5% to TND11.122m, 60% of which related to the PANORAMA ENNASR project and 28% to the CHAT EL KANTAOUI project. Work in progress inventory increased by 53% to TND11.258m. SITS holds a land reserve of TND15.539m.
Underlying
Societe Immobiliere Tuniso-Seoudienne

Provider
AlphaMena Corporate Services
AlphaMena Corporate Services

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.

Analysts
Selima MRABET

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