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Tunisia: City Cars improves its turnover by 28% in Q3

October 26, 2022

The turnover of the company City Cars amounted to 85.4 million dinars, in the third quarter of 2022, against 66.7 million during the same period in 2021, posting marking an increase of 28%.

Given these achievements, the revenues of the dealer of the brand KIA n Tunisia reached 226.7 million dinars, at the end of the first nine months of 2022, almost the same level as the same period in 2021.

At the end of September 2022, the net cash position was 39.6 million dinars, against 88.3 million a year earlier. As for investment income, it reached 5.4 million dinars, against 4.6 million during the same period in 2021, up 18.3%.

The wage bill reached 2.5 million dinars, at the end of the first nine months of 2022, against 2.2 million during the same period in 2021, an increase of 14.9%.

africanmanager

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