HomeNewsTunisia: BEST Lease sees half-year net profit down 20%

Tunisia: BEST Lease sees half-year net profit down 20%

The Islamic leasing company, BEST Lease, has just published its interim financial statements at June 30, 2018.

The subsidiary of the Al Baraka Bank Group saw its half-year net profit fall 19.8% to 2.7 million dinars against 3.4 million a year earlier.

Leasing revenues reached 14.7 million dinars at the end of the first half of the year, up 21.4% compared to the same period in 2016.

As for the operating expenses, they went from 3.3 million dinars at June 30, 2017 to 3 million at the end of last June, posting a growth of 7.4%.

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