The company TAWASOL GROUP HOLDING has just published its consolidated financial statements as at December 31, 2017.
These statements show a consolidated net income group share posting a deficit of 754 thousand dinars, against a profit of 323 thousand dinars the previous year.
Although it is in surplus, the Group’s operating profit fell by 19% to 6.8 million dinars against 8.5 million in 2016.
The Group’s total revenues also went down in 2017 to 100.2 million dinars against 130.9 million a year earlier, i.e. a decline of 23.4%.
Operating expenses amounted to 93.4 million dinars, of which 15.2 million were related to staff costs.