TotalEnergies Marketing Morocco (TEMM) achieved a net social result of 484 MDH and a consolidated net result of 488 MDH as of December 31, 2022, down sharply respectively by 45% and 48% compared to the previous year.
The 2022 results were strongly impacted by the very high level of international prices of petroleum products, which led to a significant decline in commercial margins, in particular in terms of service station network activity.
Consolidated revenue stood at MAD 19.7 billion at the end of December 2022.
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