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Itissalat Al Maghrib posts stronger H1 profits

Itissalat Al Maghrib posts stronger H1 profits
Photo Credit: Arabianeye-Reuters
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Mubasher: Itissalat Al Maghrib said Tuesday that its profits for first six months of 2016 moved up by 38.99% year-over-year, according to a bourse filing.

The company earned MAD 3.78 billion ($381.84 million) in H1, compared with MAD 2.72 billion ($274.72 million) profits for the year-ago period.

Its operating income also grew by 1.3% to MAD 8.53 billion.