Taqa Morocco improves its RNPG

En increase of 14.2% compared to the same period of 2020, lhe net income group share (RNPG) Taqa Morocco reached 1.005 billion dirhams (MMDH) at the end of December 2021.

This performance is explained by the increase in operating income and the improvement in financial income following the drop in interest charges following the repayment of loans during the financial year, indicates Taqa Morocco in a press release published at following its Board meeting.

The Group’s consolidated turnover increased to 7.812 billion dirhams as of December 31, 2021, compared to 7.789 billion dirhams in the same period of 2020. On a social basis, the net result for the past financial year amounted to 838 million dirhams. (MDH), once morest 816 MDH in 2020. Turnover increased by 6% to 4.487 billion MAD.

With regard to the 2021 dividends, the Management Board proposes to submit for the approval of the Ordinary General Meeting the distribution of a dividend of 35 dirhams per share and will be paid no later than September 23, 2022.

M.B.

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