Economy

FINANCING TABLE

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TABLE OF FIXED ASSETS AND AMORTIZATION

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TABLE OF PROVISIONS

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HOLDING SECURITIES TABLE

TABLE OF SHAREHOLDINGS

Fenie Brossette Company

TABLE OF DEBTS

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TABLE OF RECEIVABLES

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FINANCIAL COMMITMENTS RECEIVED OR GIVEN EXCLUDING CREDIT LEASING OPERATIONS

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FINANCIAL COMMUNICATION

RESULTS AS OF DECEMBER 31, 2022

Fenie Brossette’s Board of Directors, meeting on March 24, 2023 under the chairmanship of Mr. Jamal BENYAHIA, examined the company’s activity at the end of 2022 and approved the related accounts.

During the 2022 financial year, Fenie Brossette posted consolidated turnover of MAD 569 million, up 7% compared to 2021 following the good commercial performance recorded at the level of all of the company’s activities. .

At the level of the corporate accounts, operating income amounted to MAD 16.2 million at the end of December 2022, up +69% compared to last year due in particular to the increase in turnover and the efforts constant cost optimization in a market marked by a marked slowdown.

The current result stands at 10.4 M MAD once morest 8.2 M MAD a year earlier, impacted by the drop in the financial result.

In addition, non-current income amounted to MAD 16.4 million due to the capital gain recorded by the sale of a non-operating showroom.

Thus, the net profit of Fenie Brossette was stopped at 24.5 M MAD once morest 3.3 M MAD as of December 31, 2021.

At the level of the consolidated accounts, Fenie Brossette achieves a net income group share of 20.5 MAD for the year 2022 compared to 3.8 MAD for the 2021 financial year.

Consolidated net debt stands at MAD 47m, down MAD 2m compared to December 2021.

Perspectives

Pursuing its growth dynamic as part of its business plan for 2025, Fenie Brossette has consolidated its leadership in historical businesses and is part of a new dynamic to conquer new market shares.

As part of its diversification policy, new customers have placed their trust in Fenie Bross ette in solutions in the energy and water sectors intended for SMEs and SMIs.

The Shiba Inu (SHIB) ecosystem has already launched several DeFi products in 2023 and still seems to have numerous projects that they want to complete before the end of the year. The Shibarium mainnet rollout has generated a lot of interest since its beta launch. However, the project has recently informed the SHIB community regarding the progress of Shib: The Metaverse as it has started to gain momentum.

Shib: The Metaverse, the team behind the Shiba Inu metaverse project, announced that it will soon reveal the secrets of Rocket Pond. The Metaverse team claimed early on April 28 via a newly created Twitter account that there are only a few days left to preview the Rocket Pond Hub alpha.

???? Get ready to uncover the secrets of Rocket Pond! Stay tuned to @mvshib and for an exclusive look at our #metaverse. Plus, don’t miss your chance to win some lands – there’s only a few days left to enter the contest! WOOF!

— Shib (@Shibtoken) April 28, 2023

Furthermore, the official Shiba Inu Twitter account also shared the announcement, assuring users to get ready to discover the secrets of Rocket Pond and have a chance to win some land spaces within their native metaverse space.

«ROCKET POND» FROM SHIB WILL BE RELEASED SOON

Rocket Pond is one of the 11 centers of the Shiba Inu metaverse project. On September 13, 2022, the SHIB team released a black and white sketch of the Rocket Pond center.

The team stated at the time that the metaverse is slated to serve as a virtual showcase of Shiba Inu history as a community, showcasing innovation and solidarity with a place for the ShibArmy community to truly call home.

Three days later, a second color rendering of the hub was revealed, giving users a preview of what it will look like when the metaverse finally launches.

Color concept art revealed an immersive, futuristic environment with various elements preparing the minds of fans for what will be the final release. This preview generated excitement among the community and increased anticipation for the release of the metaverse..

A recent announcement reveals that the Metaverse team is continually creating various kinds of tools for the initial release of SHIB – The Metaverse to make the experience truly awesome.. Plot builder, avatar builder and game creator are some of the essential tools that will give users a smarter experience and each one has its own special features.

Importantly, some well-known companies around the world have suspended or abandoned their metaverse ambitions. However, the Shiba Inu network seems to have gained the trust of the SHIB Army and has been steadily making progress towards its goalthanks to its loyal fans.

Inflation slowed in March in the United States to 4.2% over one year, once morest 5.1% the previous month, the data for which was slightly revised (5% initially), according to the PCE index. The latter is favored by the Federal Reserve (Fed), the American central bank.

In just one month, price increases also slowed further, to 0.1%, in line with analysts’ expectations, according to the consensus published by briefing.com. So-called underlying inflation, excluding food and energy prices and which is the data particularly observed at the Fed, is also down but less rapid and now exceeds headline inflation, at 4.6 % over one year, once morest 4.7% a month earlier, the Commerce Department said on Friday.

Over one month, core inflation is 0.3%, once more in line with expectations. The PCE index is the one favored by the Fed for measuring inflation, which it wishes to reduce to 2% per year. To achieve this objective, it has been raising its key rate for the past year. This, which was then within a range of 0 to 0.25%, now stands at 4.75-5%. And the monetary institution warned that additional increases were to be expected, to cope with inflation that remains strong, even if the recent tremors in the financial sector might encourage caution.

It is expected to raise rates once more at its next meeting, scheduled for Tuesday and Wednesday, with the market broadly expecting another 0.25 percentage point hike. This growth increases the interest rates on loans granted by banks to households and businesses. When borrowing is more expensive, consumption slows, relieving pressure on prices.

Another measure of inflation, the CPI index, which is also a reference and on which pensions are indexed, for its part showed a slight slowdown in February, to 5% over one year, once morest 6% in February. Household income for its part increased by 0.3%, once more slowing down compared to the previous month, while expenditure remained stable.

/ATS