The LAND’OR company has just published its individual financial statements as of December 31, 2023 as they will be submitted for approval to the Ordinary General Meeting ruling on the 2023 financial year.
These financial statements show a net profit for the year amounting to 5.6 million dinars, compared to a deficit of 0.7 million dinars in 2022.
For 2023, the company saw its revenues increase by 30.4 million dinars to reach a record of 192 million dinars, while operating expenses increased by 21.3 million dinars for set at 182.2 million dinars.
Consequently, operating profit increased from 2.3 million dinars in 2022 to 11.2 million dinars at the end of last December, thus recording a surge of 390%.
In addition, personnel costs increased by 31% to 15 million dinars, while net financial expenses increased by 62% to reach 5.7 million dinars at the end of the past year.
Download the financial statements as of December 31, 2023
OEO
Published on 04/30/24 4:11 p.m.
