The consolidated turnover (CA) of Marsa Maroc amounted to 962 million dirhams (MDH) at the end of March 2022, up 18% compared to a year earlier.
In a press release on its indicators for the first quarter of 2022, Marsa Maroc reports overall traffic of 11.9 million tonnes (MT), up 8% compared to the same period of 2021.
This level of activity results from the 11% increase in containerized traffic to 472 K.TEU (twenty-foot equivalent), explains the same source, noting that container traffic in transhipment amounted to 235 K.TEU, posting an increase of 57%, while domestic traffic reached 237 K.TEU, down 14%, due to the withdrawal of national import-export traffic.
It is also the result of the increase in bulk and conventional traffic of 6% to 6.9 MT. “Liquid bulk traffic increased by 9%, mainly explained by the increase in fuel imports to cope with the interruption of LNG supplies. Solid bulk was also up by 3%, driven mainly by the increase in coal and petroleum coke traffic,” Marsa Maroc points out.
In addition, the press release indicates that the consolidated investments committed by the group amounted to 15 MDH at the end of March 2022, once morest 60 MDH at the same period in 2021.
The group’s net debt fell by 51% to 729 MDH, thanks, according to Marsa Maroc, to the increase in cash which amounted to 1.912 billion dirhams (MMDH), combined with the drop in financing debts to 2.642 billion dirhams and this, following the payment of the maturities of the various loans contracted by the group.