Tunisia: SFBT announces net profit of 116 million dinars in H1

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    The Tunisian Beverage Manufacturing Company, SFBT, has just published its interim financial statements as of June 30, 2019 showing a net profit of 116.3 million dinars, compared with 110.9 million at the same date of the past year, up 5%.

    This profit was largely driven by investment income, which reached 69.5 million dinars in the first half of the year, i.e. the total investment income earned in 2018.

    The company’s accounts show a turnover of 290.6 million dinars, against 278 million a year earlier, up 12.6 million dinars compared to June 30, 2018.

    Operating expenses amounted to 233.3 million dinars, compared with 224 million last year, of which 173.9 million were consumed supply purchases and 19.5 million of personnel costs, recording a growth of 10.7 million dinars.

    In this respect, the operating profit amounted to 59.8 million dinars in the first half, compared to 56.6 million in the first six months of 2018, i.e. an increase of 5.6%.

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