Mubasher: Universal Auto Distributors Holding expected its net earnings to reach nearly TND 21 million at the end of 2015.
The value of transactions is likely to reach around TND 400 million at the end of the current year, a rise of 16% compared with TND 357 million a year earlier, said Chairman Bassem Loukil.
He commended the results reported by the company until October 2015 as the auto distributor recorded the biggest market share of 15.9% locally and sold 6,918 new cars.
The company’s sales increased by nearly 13% year-on-year until October 2015, while the local market’s sales declined by 4%.
