2 November 2017

SOTEMAIL: 14% INCREASE IN SALES AT THE END OF SEPTEMBER

At the end of the first three quarters of the year, SOTEMAIL’s turnover recorded an increase of 14% compared to the same period in 2016, going from 29.7 to 33.9 million dinars.

The local turnover of the first three quarters of 2017 reached 30,926 million dinars against 27,654,585 million dinars at the end of September 2016, which represents an increase of 12%. The third quarter of 2017 also confirmed the revival of local sales with a 30% growth rate.

Exports turnover for the first three quarters of 2017 increased significantly by 44% going from 2.066 million dinars on September 30, 2016 to 2.985 million for the same period in 2017.

The value of production for the first three quarters of 2017 was 28.067 million dinars, up 7% compared to the same period of 2016 (26.288 million dinars). The value of production is determined by weighing the total direct production costs against the quantities produced for the period concerned.

In addition, the investments made at the end of September 2017 were valued to 2.463 million dinars, which represents an improvement of 44% compared to the 1.714 million dinars recorded at the same period in 2016.

SOTEMAIL’s liabilities towards banking institutions on September 30, 2017, totaled 44.316 million dinars. Compared to the same period in 2016, these liabilities have increased by 16%.

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