Total Maroc achieved a consolidated net income of 451 million dirhams (MDH) at the end of December 2020, down 25% compared to the same period of 2019.
In a press release on its 2020 annual results, Total Maroc explains that “the 2020 results were strongly impacted by the two major crises of the year, that of the Covid-19 pandemic having led to a significant drop in demand for products. oil companies and those of the oil markets which led to a sharp depreciation in the value of stocks ”.
Consolidated turnover stood at 8.824 billion dirhams (billion dirhams) at the end of 2020, adds the same source. In terms of social security, Total Maroc’s net income fell by 32% to MAD 439 million.
The Group also emphasizes, “continue to contribute to Total’s ambition to become the responsible energy major, in particular by reducing greenhouse gas emissions from its activities”.
At the end of 2020, 70 stations were solarized, and 17 stations equipped with charging stations for electric vehicles contributed to the achievement of this objective and to the acceleration of the development of electric mobility in the country, it is further specified.
