The Marsa Maroc group saw its net income share (RNPG) amount to 292 million dirhams (MDH) at the end of 2020, down 57% compared to that of 2019
In a press release on its 2020 results, Marsa Maroc explains that this result was mainly impacted by the donation of MAD 300 million, paid by the company Marsa Maroc to the special fund for the management of the Covid-19 pandemic and by the net deficit generated by the new Tanger Alliance subsidiary.
Restated from the Covid-19 donation, the RNPG would be 499 million dirhams, down 26% compared to the past year, or a net margin of 18%, adds the same source, noting also that the operating result has reached MAD 759 million in 2020, down 19% compared to 2019.
This change, the group notes, is due to the 3.5% increase in operating expenses following in particular the increase in expenses incurred by the Tanger Alliance subsidiary for the commissioning of the new container terminal 3 at the port of Tanger Med 2 which took place on January 1, 2021.
Regarding turnover, it amounted to more than 2.75 billion dirhams (billion dirhams), down 5% compared to the previous year, due to the 6% decrease in traffic handled. by the Group, mainly under the effect of the health crisis and its impacts.
As for the outlook, Marsa Maroc announces its intention to ensure, in 2021, the successful launch of its container terminal at the port of Tangier Med 2, as a new growth driver, as well as the continued consolidation of its position in port services provided to national traffic.
Note that the Management Board proposes to submit to the approval of the Ordinary General Meeting the distribution of a dividend of 8 dirhams per share.