TUNISAIR group posts net deficit of TND 209.038 million in 2019

The TUNISAIR group on Friday published its consolidated financial statements closed on December 31, 2019, which reveal a net deficit of TND 209.038 million, compared with TND 216.503 million in the 2018 financial year. The company also revealed that its revenues rose slightly by 4%, from TND 1.793 billion on December 31, 2018 to TND 1.868 billion on the same date in 2019. The Group’s shareholders’ equity showed a negative balance of TND -874 million, compared with TND -669 million in 2018. Operating income exceeded TND 1.9 billion, up 3%.

Source: Agence Tunis Afrique Presse