2023-10-01 00:03:00
Wafabail’s net profit stood at 39.3 million dirhams (MDH) for the first six months of this year, down 68.9% compared to the same period in 2022.
Net banking income amounted to MAD 153.6 million, down 44.1% compared to the end of June 2022, indicates Wafabail in a financial communication.
This variation, explains the same source, is due to the drop in the level of first rent increases compared to the same period last year.
In H1-2023, Wafabail financed 2.2 billion dirhams (billion dirhams) of investment projects, an increase of 5.5% compared to the same period last year. This performance consolidates its position as leader in the sector with a market share of 26.5% for production and 24.7% for financial outstandings.
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