HomeNewsTunisia: HexaByte increases its net profit by 48% in the first half

Tunisia: HexaByte increases its net profit by 48% in the first half

HexaByte has published its interim financial statements as of June 30, 2019. These statements show a net profit of 880 thousand dinars, against 595 thousand dinars in the first half of last year, a growth of 48%.

The Internet Service Provider achieved a turnover of 5.5 million dinars in the first half, against 4.6 million a year earlier, up 20.3%.

As for operating expenses, they went from 4.2 million dinars to 5.1 million between the two periods, thus posting a 22% rise due to higher purchases of consumed supplies by 21%.

Therefore, the operating result is almost stagnant to 386 thousand dinars, against 376 thousand dinars in the first half of 2018.

In addition, investment income amounted to 528 thousand dinars, compared to 269 thousand dinars a year earlier.

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