14.3% increase in total revenue from listed companies in the first half of 2022

Despite a difficult situation, the stock exchange in Tunis published green figures. Thus, the activity indicators of listed companies in the 1st half of 2022 show an increase in their total income of 14.3% compared to the same period in 2021, to stand at 11 billion dinars against 9.7 billion dinars.

81% of companies that published their indicators for the second quarter of 2022, or 62 out of 77, improved their revenue compared to the same period of the previous year. The 20 companies that make up Tunindex20 made 7.1 billion dinars (or 64% of total revenue), an increase of 14.0% compared to the same period last year.

For the financial sector, the 12 listed banks achieved a cumulative net banking product (GDP) of 3,000 million dinars (MD) during the first half of 2022 against 2,654 MD in the same period of the year 2021, an increase of 13%.

The total net income of the 7 listed leasing companies increased by 4.2% in the first half of 2022 compared to the corresponding period in 2021 to 235 MD against 226 MD.

The five listed insurance companies experienced that the total premium amount reached 672 MD against 590 MD, i.e. an increase of 14%.

Aggregating 27 listed companies, the financial sector as a whole achieved a total income of 3,931 MD against 3,492 MD, an increase of 12.6%.

Regarding the consumer goods sector, the total income of the three major groups operating in the food industry (Poulina Group Holding, Délice Holding and SFBT) increased by 13.8%, from 2,556 MD to 2,909 MD. In the same sector, the four car dealers saw their combined revenue fall by 15.1% during the first half of 2022 to stand at 492 MD against 580 MD in the corresponding period of 2021.

For its part, the Consumer Services sector, the total turnover of two listed retail chains (Monoprix and Magasin Général) decreased by 3.6% in the 1st half of 2022 compared to the same period of the year 2021 to reach 712 MD against 739 MD.

All nine sectors showed positive results, with the basic materials sector showing the strongest growth at 47.2%, followed by the healthcare sector at 17.2%.

Regarding the sub-sectors, there were eleven positive results. The biggest increases are in travel and leisure at 176.5%, followed by raw materials at 49% and chemicals at 45.6%. The underperformance affected only one distribution sector, with a decrease of 6.5%.

The highest revenue increases were achieved by Essoukna (+232%), Tunisair (+176%), STA (+175%), ICF (+65%), Sotipapier (+56%) and Office Plast (+53%). .

On the other hand, the biggest revenue declines were recorded by Electrostar (-92%), Artes (-48.3%), New Body Line (-26.5%), Siphat (-24.5%) and Ciment From Bizerte ( -23%) .

The benchmark index of the Tunis stock exchange, the Tunindex, recorded an increase of 6.25% in the 1st half of 2022 against an increase of 5.24% in the same period of the year 2021.

In the same period, the Tunindex20 index showed the same trend with an increase of 7.59% against an increase of 6.81% in the same period of the year 2021.

Seven of the twelve sector indices published by the Tunis Stock Exchange had positive results at the end of the first half of 2022.

The best results go to the “Banks” index with 19.04% and to the “Financial companies” index with 17.06%.

On the other hand, five sector indices showed negative results. The “Household and Care Products” index fell the most with 12.67%, followed by the “Consumer Goods” index with 11.02% and “Agrifood and Beverages” with 10.28%.

According to the press release

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