The Tanger Med Port Authority (TMPA) has announced a turnover of 2.03 billion dirhams (MMDH) by the end of June 2024, marking a 12% increase compared to the same period in 2023.

This growth is primarily driven by an overall increase in traffic across all terminals, according to a statement released by TMPA.

The gross operating surplus reached 1.51 billion dirhams, reflecting a 10% rise year-on-year, attributed to the expansion of operational activities throughout the port’s terminals.

In terms of net profit, TMPA recorded a 4% increase, amounting to 838 million dirhams.

TMPA, a subsidiary of the Tanger Med Special Agency, manages key infrastructure, including the Tanger Med 1 port, the Passenger and Ro-Ro Terminal, and the Tanger Med 2 port.