Magazine date:
Jul 2010 Star's turnover amounts to 209.6 million TND (159.9 million USD) in 2009, compared to 201.2 million TND (157.7 million USD) in 2008. At 164.343 million TND (125.4 million USD), the shareholder's equity is almost stable, Star is covering its regulatory solvency margin fourfold. After having posted profits in 2008, the leader of the Tunisian market has further improved its net result by 3.6% in 2009, that is, 33.738 million TND (25.7 million USD) compared to 32.561 million TND (25.5 million USD) in 2008. Nonetheless, the dividends pledged for the shareholders have been revised downwards.