Tunisia : BVMT-listed Unimed’s debt rose by 448% YoY in Q1, 2019
Thursday, 18 April 2019 17:37
The medium and long-term debt of pharmaceutical firm Unimed listed on Tunisia stock exchange grew by 448% year to year in S1, 2019 to reach TND20.8 million.
The firm explains that during the period under review, it borrowed TND4.8 million from banks for its expansion project.
According to Moroccan media citing Charfeddine Ridha (photo), UNIMED’s managing director, an TND80 million-investment plan is announced for the expansion of the firms’ laboratories.
Despite the growth of its debt, Unimed’s turnover rose by 124% year on year to reach TND31.1 million thanks to its sales on local and foreign markets that quarter.
Chamberline MOKO
Live News
-
Beyond Cocoa, Rubber Drives Growth in Côte d’Ivoire’s Agricultural Exports
18:15
-
The Gambia Leads the World in Rice Consumption Per Person
17:12
-
Congo Launches Work on 542-km Section of Corridor 13 Toward Regional Capitals
16:19
-
Maritime Dispute: Ghana Seeks Arbitration, Togo Pledges to Defend Claims
15:23
-
Egypt Forms Shipping Joint Venture to Expand Trade with East Africa
15:06
-
AfDB Explores Investment in Cattle and Poultry Value Chains in Togo
15:01
-
BGFIBank Cameroon Increases Capital to CFA50Bln Ahead of Stricter Banking Rules
20:58
-
Cameroon Signals Possible Return to Bvmac with Up to CFA150 Billion Bond
18:15
-
Public Enterprises Hold CFA1.5 Trillion in Assets, CFA493.9 Billion in External Debt at End-2024
18:08
-
Cameroon Faces CFA65.7 Billion in Repayments, Turns to Market for Relief
18:04
Amazon begins talks with Kenya on low-Earth orbit satellite broadband Kenya’s digital market ...
Dangote to list $20-25 billion refinery within five months NNPC holds 7.25% stake; dividends...
DRC seeks ITC support for local battery value chains Musompo SEZ targets $2 billion private ...
Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on researc...
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
Côte d’Ivoire set become world’s third-largest rubber producer Plans add 500,000 hectares by 2036 Rubber export revenue rose to 1.49 trillion CFA...
Gambia world’s top rice consumer at 256 kg per capita Rice provides 75% rural caloric intake Country imports nearly 80% of rice consumption Rice...
Congo launches paving of 542-km Corridor 13 section Four-year project links Brazzaville to regional capitals Road aims boost trade, support AfCFTA...
Egypt’s CSAG signs JV deal to operate vessels New line to link Egyptian and East African ports Move supports export growth, intra-African trade...
More than 500 media leaders gathered in Nairobi on Feb. 25–26 for the fourth African Media Festival under the theme “Resilient Stories: Reinventing...
Located about 500 kilometers southwest of Cairo, between the oases of Bahariya and Farafra, the White Desert stands out as one of Egypt’s most distinctive...