The activity indicators of listed companies show that during the first nine months of 2023, their overall income rose by 5.7% compared with the same period in 2022, to reach TND 16 billion. According to a note on the indicators and revenues of listed companies for the first 9 months of 2023, published by the Tunis Stock Exchange, 65% of the companies that published their indicators (i.e. 46 out of 71) improved their cumulative revenues compared with the same period last year. The 20 companies that make up the Tunindex reported total revenues of TND 6.9 billion, an increase of 7.3% compared with the same period last year. /Revenues by sector In the banking sector, the cumulative net banking income (NBI) of the twelve listed banks reached TND 4,942 million in the first nine months of 2023, compared with TND 4,521 million in the same period of 2022, an increase of 9.3%. Net income from leasing for the seven listed leasing companies rose by 7.3% during this period compared with the same period in 2022, to TND 382. The financial sector notably benefited from the increase in the activity of the six listed insurance companies which issued premiums for a total amount of TND 1,045 million against TND 995 million, i.e. up 5%. Overall, the financial sector grew by 8.5% during the first nine months of 2023, with total income of TND 6,398 million compared with TND 5,895 million during the same period in 2022. In the “Consumer Goods” sector, the total revenue of the two major groups operating in the food industry (Poulina Group Holding and SFBT) climbed by 2.8% to TND 3,641 million compared with TND 3,543 million during the same period in 2022. On the other hand, the aggregate global turnover of the four car dealers (excluding UADH) rose by 16.0% up to September 30, 2023, to TND 857 million against TND 739 million during the same period in 2022. In the “Consumer Services” sector, the overall turnover of two listed mass retail chains improved by 7.8% to TND 1,233 million. In general, seven sectors (out of a total of nine) recorded positive performances, with the best performances coming from the health sector with 39.6% and the consumer services sector with 9.3%. Out of the 12 sub-sectors (excluding media), nine posted positive performances. The best performers were “Travel and Leisure” with 22%, followed by “Industrial Goods and Services” with 10%, and “Retail and Banking” with 9.3% each. /Revenues by company The largest increases in revenues were achieved by TUNINVEST SICAR (+137.4%), UNIMED (+44.7%), SOPAT (+41.1%) and ENNAKL AUTOMOBILES (+33.8%). The biggest falls in revenues were reported by companies belonging to various sectors: ESSOUKNA (-55.2%), SITS (-54.9%), STA (-45.7%) and SOTIPAPIER (-39.9%). In terms of index performance, the TUNINDEX was up 4.30% by at 30 September 2023, compared with an increase of 18.12% over the same period in 2022. The TUNINDEX20 posted a rise of 2.92% over the same period, compared with 21.95% during the same period in 2022. Six of the twelve sector indexes published by the Tunis Stock Exchange posted positive performances at the close of the third quarter of 2023. The best performers were the Financial Services index (+31.38%) and the Industry index (+13.13%). However, six sector indexes recorded negative performances. The ‘Household and Personal Care Products’ index fell most sharply by 11.11%, followed by the ‘Consumer Goods’ index (-6.06%).

Source: Agence Tunis Afrique Presse