Addoha: Consolidated net profit rose by 61% in 2024

Addoha: Consolidated net profit rose by 61% in 2024


The Addoha Douja Promotion Group recorded a strong increase in its consolidated net profit in 2024 and reached 304 million dirhams (MDH), which was an increase of 61% compared to the previous year. According to the group’s press release, this service is explained by the resumption of production and a solid commercial dynamic.

In 2024, the group completed the production of 10,376 units, an increase of 43% compared to 2023. The number of production units was 18,853, 33% of which in West Africa. After delivery, these units should generate total sales of 11.5 billion dirhams (MMDH).

The annual turnover has set up almost 2.6 MMDH and 22%. Despite the increase in production, the net debt of the group of 204 mdh fell to 4.1 mmdh. The Board of Directors will propose the distribution of a dividend of 0.5 dirham per share to the General Assembly.

M.Ba.





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