2023-08-31 20:53:38
The global phosphate giant has just published the results for the second quarter of 2023.
Pending the detailed publication of the results for the first half of 2023, as well as the financial statements at the end of June 2023, during the month of September, OCP Group published the results for the second quarter of 2023.
Read also | OCP Foundation: the human dimension of the global phosphate giant
Thus, in a context of a general drop in prices, compared to 2022, the results show a drop in turnover which reached 19.28 billion dirhams, compared to the 30.69 billion dirhams, achieved during the second quarter of 2022, i.e. a decrease of – 37.17%. However, compared to second quarter 2021 revenue, second quarter 2023 results appear rather stable.
Read also | Prices at the pump rise once more for the 5th time in a month
On the other hand, in terms of investment for industrial development, expenditure reached 63.88 billion dirhams in the second quarter of 2023, once morest 48.62 billion dirhams in the same period in the second quarter of 2022. The increase is more than + 31, 38%, reflecting solid confidence in the future as well as OCP Group’s desire and ambition to qualitatively strengthen all production processes as provided for by the new Green Investment Plan for the period 2023-2027.
1693532124
#OCP #Group #drop #turnover #increase #investments
