Listed companies – first half of 2023: A turnover of 12 billion dinars

2023-08-20 09:44:11

Bringing together 28 listed companies, the financial sector as a whole achieved a total income of 4,363 MD once morest 3,968 MD, ie an increase of 9.9%.


The Tunis Stock Exchange (Bvmt) has just published on its website the activity indicators of listed companies in the first half of 2023, which show an increase of their overall income by 7.9% compared to the same period of the year 2022, to stand at 12 billion dinars once morest 11.1 billion dinars.

The document adds that 70% of companies that published their indicators for the first six months of 2023, or 51 out of 73, improved their revenues compared to the same period of the previous year. Note that on the date of publication of this note, the companies that have still not published their indicators are AMS, Electrostar, GIF-Filter, MIP, Siphat, Servicom, and Uadh.

As for the 20 companies that make up the Tunindex 20, they achieved 5.6 billion dinars (or 47% of overall revenue), up 8.9% compared to the same period of the past year.

Banks on the rise from 11.5%

For the financial sector, the 12 listed banks achieved a cumulative net banking income (NBI) 3,328 MD during the first half of 2023, once morest 2,985 MD over the same period of 2022, i.e. an increase of 11.5%. As for the overall net income of the 7 listed leasing companies, it increased by 6.9% during the first half of the year 2023 compared to the similar period of the year 2022, to reach

253 MD once morest 236 MD.

For insurance, the six listed insurance companies saw the total amount of premiums issued reach 757 MD once morest 723 MD, ie an increase of 4.6%.

Bringing together 28 listed companies, the financial sector as a whole achieved a total income of 4,363 MD once morest 3,968 MD, ie an increase of 9.9%.

Des performances positives

Regarding the Consumer Goods sector, the overall income of the three major groups operating in the food industry (Poulina Group Holding, Délice Holding and Sfbt) increased by 5.6% from 2,909 MD to 3,072 MD. In this same sector, the four car dealers saw their overall turnover increase by 12.4% during the first half of 2023 to stand at 554 MD once morest 493 MD during the similar period of 2022.

For its part, in the Consumer Services sector, the overall turnover of two large retail chains listed on the Stock Exchange (Monoprix and Magasin Général) increased by 7.9% in the first half of 2023 compared to the same period of the year 2022, to achieve

768 MD once morest 712 MD.

Overall, six of the nine sectors performed positively. At their head, the Health sector which achieved the strongest growth with 44.2%, followed by the Consumer Services sector with 13.2%. Concerning the sub-sectors, nine marked positive performances. The biggest increases were in Travel and Leisure with 26.3%, followed by Industrial Goods and Services with 12.9% and Banks with 11.5%.

Furthermore, the poor performance affected three sub-sectors. The biggest drops were in chemicals with -25.5%, followed by automobiles and equipment with -16.6%.

An uptrend…

Regarding the evolution of revenues by company, the largest increases were achieved by Tuninvest Sicar (+78%), Sopat (+50.3%), Unimed (+44.19%), Ennakl Automobiles (+ 31%) and Tunisair (+26.3%).

On the other hand, the largest revenue declines were recorded by Essoukna (-86%), Sits (-55%), STA (-48.7%), Simpar (-45.9%) and Sanimed (-40, 7%). Regarding the evolution of the benchmark index of the Tunis Stock Exchange, the Tunindex, the latter recorded an increase of 10.47% during the first half of 2023 once morest an increase of 6.25% during the same period. of the year 2022. It should be noted that the Tunindex 20 index showed, during the same period, the same trend with an increase of 11.62% once morest an increase of 7.59% during the same period of the year 2022 Eleven of the twelve sector indices published by the Tunis Stock Exchange recorded positive performances at the end of the first half of 2023. The best performances go to the “Financial companies” index with 12.57% and the Banks index with 12 56%.

On the other hand, a single sector index, “Household and care products”, recorded a slight drop of -0.10%.

>>Read also: “Fitch Ratings” lowers the long-term rating of the United States from “AAA” to “AA+”: Hard blow for world stock markets

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