Finance

Tunisia: Distribution and telecom sectors post largest declines in revenues in 2020

Wednesday, 10 February 2021 15:55
Tunisia: Distribution and telecom sectors post largest declines in revenues in 2020

(Ecofin Agency) - Last year in Tunisia, the largest declines in revenues was recorded in the consumer services sector (-29.2% yoy) and the telecom sector (-21.9% yoy). The figures were reported in a note published this month by the Tunis Stock Exchange.

Most of the companies operating in these sectors and listed on the stock exchange achieved lower revenues at the end of 2020. Of the 3 listed companies in the telecommunications sector, Servicom (-42.7%) and Tawasol Group Holding (-2.6%) posted negative revenues. Sotetel, for its part, is still yet to publish its activity indicators for this period.

In the consumer services segment, five of the eight publicly traded retail chains posted lower revenues, while three others improved their revenues. This revenue decline is part of a broader context of an 8.1% decline in the overall revenue of the 48 listed companies, all sectors combined, by the end of 2020. This situation is attributable to the adverse effects of the health crisis due to covid-19, the document points out.

Under such conditions, companies that generated negative revenues will work over the next fiscal year to return to their pre-crisis levels, or to limit losses.

Chamberline Moko



 
Telecom


 
Public Management


Ecofin Agency covers the news from 9 business sectors in Africa: Public management, Finance, ICT, Agribusiness, Electricity, Mining, Oil and Gas, Comms and Laws. Ecofin Agency is also creating and management specialized medias, in paper and on the web/social networks, for institutions or African publishers.

AGENCE ECOFIN

Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

REDACTION
redaction@agenceecofin.com

Public management
Aaron AKINOCHO
Borgia KOBRI
Moutiou ADJIBI

Finance
Idriss LINGE
Walid KEFI
Chamberline MOKO

Agribusiness
Espoir OLODO

Electricity
Gwladys JOHNSON

Oil and Gas
Olivier DE SOUZA

Mining
Louis-Nino KANSOUN

ITC 
Muriel EDJO

Comms
Servan AHOUGNON

Cameroon
Brice R. MBODIAM
Sylvain ANDZONGO
Monique MAY
Julienne Rose SENDE

Togo
Fiacre E. KAKPO
Waliyullah TAJUDEEN
Séna AKODA

Niger
Sandrine GAINGNE

Gabon
Stephane BILLE
Pierre-Celestin ATANGANA

Desk
Stéphane ALIDJINOU
Souha TOURE
Vahid CODJIA
Diane ZODEHOUGAN
Hikmatu BILALI

Translation
Schadrac AKINOCHO
Mouka MEZONLIN
Firmine AÏZAN



Digital
Omar SOKHNA
Mamadou DIOP
Bacary MANE
Abdel Razak MOULIOM

Digital Marketing
Jérémie FLAUX
Geraud ACHI
Jean Christian BERNARD
Franck FOUTE

Web publishing
Bakoly RAHARISOA
Rina RAMANANDRAISOA
Hasina RAJEMISON

Development
Dominique FLAUX

 


 
REGIE COMMERCIALE
AGENCE ECOFIN
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11
Fax: +41 22 301 96 10

Benjamin FLAUX
bf@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72

Voir page 
Nos services
 

 










 



Ecofin Agency is a news agency for economic and sectorial information. It was created in 2010 and it website was launched in June 2011.

Please publish modules in offcanvas position.