Marsa Morocco ended the first half of 2019 with consolidated sales of 1.44 billion dirhams, up 4% year-on-year and operating profit of 471 million dirhams, an increase of 2 million compared to a year earlier. Over the same period, the company generated a gross operating surplus (EBITDA) of 680 million DH, up 6% year-on-year. This improvement led to an increase in gross operating margin from 46% at the end of June 2018 to 47% a year later. Net income attributable to equity holders of the parent (RNPG) stood at 343 million dirhams, compared with 325 million at the end of June 2018, an improvement of 6 percent. For the global traffic handled in the first half of 2019, it reached 19.1 million tonnes, an increase of 3% over one year. In addition, the first half of the year was marked by a variety of events, mainly the signing of a joint venture agreement with Eurogate International GmBH and Contship Italia SpA for their acquisition of the capital of the subsidiary Marsa International Tangier Terminals. SA (MINTT). These partners now jointly hold 50% less one share in the capital of MINTT. Investments in the first half of 2019 amounted to MAD 370 million, of which MAD 281 million were financial investments.
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