A growth slowed down by export
During Q3 2016, the parent company’s revenues increased by 4% yoy, moving from TND56.6m to TND59.1m. Local sales have witnessed an important rise of 14% to TND43.1m against a significant decline of the export sales, which reached TND18.8m (-15% yoy). The production amounted to TND59.7m, i.e. a 3% growth compared to Q3 2015. The company invested TND2.05m, recording a 35% decline compared to the same quarter last year.SAH ended the first nine months with a 4% increase in revenues which amounted to TND186.9m.
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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