Marsa Maroc Group, the national leader in operating port terminals, published its net result share amounted to 384 million MAD (Moroccan dirhams) at the end of June 2022, an increase of 49% compared to last year.
In a report concerning its indicators for H1 2022, “Marsa Maroc” claimed that the total volume of sales reached 25 million tons, a 9% growth over H1 2021.
Within the same context, the Group explained that on the one hand, this level of activity was caused by the growth of freight traffic, which has known an increase of 13%, a total of 1,023 FEU per container (i.e., a capacity of 20 feet), noting that the volume of bulk cargo and miscellaneous goods increased by 4% to a total of 14,2 million tons.
On the other hand, the other reason that caused this level of activity was the growth’s volume of liquid bulk cargo, which reached a total of 5.2 million tons, thus recording an increase of 16% due to higher imports of gasoline and kerosene.
As for the volume of solid bulk cargo, it has reached 7.6 million tons, indicating a decrease of 5%, a rate that is caused by the withdrawal of grain volume, resulting from delayed imports due to rising international prices and fertilizers (poor rainfall).
“Marsa Maroc” achieved a strengthened transaction figure of more than 1.99 billion dirhams on June 30th, 2022, i.e., an increase of 14% compared to the same period a year ago, thanks to this growth in the volume of processed volume by 9%.
Looking at the other side of the spectrum, the report stated that the surplus of crude exploitation amounted to 969 million dirhams, an increase of 31% compared to the same period last fiscal year, and credits go back to the turnover’s growth in the context of control costs.
The report concluded with the operating margin of crude oil amounted to 49%, up 7 points compared to the first half of 2021, while noting that the operating income, for its part, amounted to MAD 689 million, up 44%.