US EditionSrtgn Reduces Its Losses, but Its Equity Is Still in Dark Red
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The Regional Transport Corporation of Nabeul Governorate - SRTGN has published its financial statements for fiscal year 2023. Revenues totalled 73.424 MTND, up 11.0% from 2022. The improvement does not come from passenger transport revenues, which fell by 1.9% to 30.434 MTND, but rather from a larger operating subsidy of 41.311 MTND. Operating expenses decreased by 3.3% to 66.856 MTND. Nevertheless, it is non-cash expenses that are responsible f…
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