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Société d'Articles Hygiéniques H1 profit climbs 35.7% YOY

Société d'Articles Hygiéniques SA said its normalized net income for the first half was 10.2 million dinars, a gain of 35.7% from 7.5 million dinars in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

Total revenue climbed on an annual basis to 162.4 million dinars from 155.4 million dinars, and total operating expenses increased from the prior-year period to 142.4 million dinars from 136.7 million dinars.

Reported net income came to 16.1 million dinars, compared with 12.2 million dinars in the year-earlier period.

As of Sept. 2, US$1 was equivalent to 2.20 Tunisian dinars.