Report
EUR 236.14 For Business Accounts Only

Slight decline in Q1 2016 revenues

In the first quarter of 2016, SOTRAPIL’s total revenues reached TND2.544m against TND2.664m in late March, 2015. The total transported quantity during Q1 2016 reached 375,367 m3 against 422,396 m3 transported during the same period last year, a decrease of approximately 11.13% justified by a 14.65% reduction in the transported volume via the Bizerte – Rades pipeline against an increase in the transported volume via the Jet A1 pipeline, Rades-Tunis Carthage, of about 52.99%.
The total operating amounted to TND2.998m against TND3.101m a year earlier, a decrease of 3.35%.
Underlying
Societe de Transport des Hydrocarbures par Pipelines

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.

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