HomeNewsTunisia: slight rise in half-year net profit of Modern Leasing

Tunisia: slight rise in half-year net profit of Modern Leasing

The half-year net profit of Company Modern Leasing has increased slightly this year, 924,914 dinars against 906,626 dinars in the same period in 2015. This is the conclusion of the interim financial statements, closed at June 30, 2016.

On the company’s net revenues, they grew 46% to 5.7 million Tunisian dinars (MTD) against 3.9 MTD last year.

Regarding operating expenses, they jumped from 3.2 MTD at end-June 2015 to 4.4 MTD to June 30, up 37.2%. This was offset by the surge in interim operating income, which rose 86.3% to 1.317 MD against 707,964 dinars last year …

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