Tunisia: New Body Line distributes 1.062 million dinars in dividends to its shareholders
New Body Line (NBL), which specializes in the design, development, knitting, manufacture and marketing of clothing, will distribute to its shareholders on September 24, 2020, for the 2019 financial year, an overall net dividend of 1.062 million dinars (411,749 euros), announced the leaders of this company based in Mahdia located 200 km south of Tunis.
Compared to the 4,250,400 shares that make up the capital of this limited company, this corresponds to a dividend per share of 0.250 dinar, or 25% of the nominal value of the share which is one dinar.
NBL had achieved at the end of the 2019 financial year a profit of 1.337 million dinars, down 51.22% compared to the 2018 financial year when it stood at 2.74 million dinars. During the period under review, this company recorded a decrease of 13.67% of its operating income to 5.848 million dinars against 6.773 million dinars in 2018.
In terms of operating costs, purchases of consumed supplies were reduced by 602.002 dinars, falling from 2.293 million dinars in 2018 to 1.691 million dinars a year later. On the other hand, the personnel costs saw their level increase from 16,715 dinars to 1.568 million dinars. For their part, other operating expenses fell from 63,914 dinars to 696,204 dinars.
In total, NBL reduced its operating expenses by 15.59%, which fell from 4.857 million dinars on December 31, 2028 to 4.099 million dinars a year later.
As for the operating result, it stood at 1.748 million dinars against 1.916 million dinars in 2018 (-8.76%).