Colorado improves its turnover | The Economist

En an increase of 24.4% compared to a year earlier, theColorado’s turnover reached 574.1 million dirhams (MDH) at the end of 2021.

Over the past year, the tonnage sold increased by 22.4% to 52,000 tons, while the tonnage produced increased by 30.1% to 54.7,000 tons, indicates Colorado. For the 4th quarter of 2021, turnover amounted to 144 MDH, once morest 130.7 MDH recorded for the same period of 2020.

Furthermore, Colorado informs that the net debt recorded as of December 31, 2021 stood at 29 MDH, once morest 21.9 MDH a year earlier, specifying that this increase is mainly due to the release of medium-term credit of 10 MDH.

The level of medium-term debt remains very low compared to permanent capital.