The Tunisian soft drinks company Societe Frigorifique et brasserie de Tunis yesterday reported a 15% rise in 2002 net profit to 27.055m dinars (US$20.372m).  Turnover was up 6.6% to 121.516m dinars.

The rise in net income over the rise in turnover was apparently because of portfolio investment gains and lower financial costs because of lower debt levels.

SFBT, a bottler for Coca Cola and Lowerbrau, is the Tunis bourse's biggest stock and accounts for most of daily trade.
 
The company's shares lost 16.19% in 2002 as a result of the poor economic climate.