Marsa Maroc said its turnover reached MAD 1,742 million, up 20% compared to the first half of 2020, thanks to an increase in traffic volume of 22% to 23 million tons as of June 30th, 2021.
The Net Income Group Share amounted to MAD 258 million, a strong increase compared to H1-2020 due to the impact of the COVID-19 donation distributed in March 2020.
The gross operating surplus (EBE) amounted to MAD 739 million in H1-2021, an increase of 14% compared to the same period of 2020, due to the start of the trade activity of the Tanger Alliance subsidiary.
The start of activity of the Tanger Alliance subsidiary made it possible to raise the group’s domestic container traffic to 542 KEVP (+ 16%), and transshipment traffic to 363 KEVP at the end of the first half of 2021.
This increase helps to mitigate a drop of 3.5% in bulk and conventional traffic, explained mainly by the decrease in grain and coal traffic compared to the first half of 2020, according to the same source.
Previously, the government sold 35% of its stake in the country’s main operator of ports, Marsa Maroc to Tanger Med for MAD 5.48 billion.
Marsa Maroc said in this recent report that Tanger Med and Marsa Maroc are working independently, will implement a strategic partnership in order to increase the economy, and are able to meet the logistics challenges on the national level.
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