Considerable increase in turnover

For the 2nd quarter of 2022, Afriquia Gaz generated a turnover of 3.004 billion dirhams. An improvement of 75.4% compared to the same period of 2021 explained by the positive evolution of the take-back price of around 86.9%, Afriquia Gaz said in a press release on its indicators. end of the 2nd quarter of 2022.

For the quantities sold by the company, they recorded an increase of 2.4% for the 2nd quarter of 2022 compared to the same period of the previous financial year, explained by a sustained commercial effort. Sales at the end of June 2022 improved by 2.6% to 612,346 tonnes once morest 596,559 tonnes at the end of June 2021.

For the 2nd quarter of 2022, total investments amounted to 107.2 million dirhams (MDH), down 2.9% compared to the same period of the previous year. They relate mainly to the injection of new cylinders to meet market needs, and to the finalization of the project to extend the Tangier Med terminal.

At the end of the first six months, the amount of investments increased by 8.5% compared to the same period of the past financial year, rising from 194.1 million dirhams to 210.7 million dirhams.

At the end of June 2022, Afriquia Gaz’s net debt was negative. This surplus stands at 793.7 MDH once morest 3 MDH a year earlier.

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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