Sogeous: sales stability despite the profit dropout

Sogeous: sales stability despite the profit dropout


In 2024 Sogease achieved a net profit of 26 million dirhams (MDH), which decreased from 60% compared to the previous year.

The company’s turnover remained stable at 2.41 billion dirhams (MMDH) at the end of 2024, at the same level as in 2023. Despite this decline in profits, Sogease was able to protect its fourth position on the market with an increased production of 2.16 mmdh in December 2023 to 2.18 mmdh in December 2024.

The Social Net Banking Product (PNB) set up 183 mDH in 2024 and marks a decrease of 7% compared to the previous year. This development is explained by the pressure on margins and a more competitive market context.

In addition, the financial outlay remained almost stable and in December 2024 reached 6.82 mmdh against 6.86 mmdh by the end of 2023, which reflects the careful administration in an economic environment that is characterized by uncertainties.

M.Ba.





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