Cartier Saada’s revenue reached 253.4 million dirhams (MDH) for the 2023-2024 fiscal year, marking a 3.5% increase compared to the previous fiscal year.
As of the end of March 2024, export sales accounted for 95% of the company’s activity, according to Cartier Saada’s financial statement. Additionally, the company achieved a revenue of 71.3 MDH in the fourth quarter of its 2023-2024 fiscal year (from January 1, 2024, to March 31, 2024), showing an 11% increase compared to the same period in the previous year. This growth in fourth-quarter sales is primarily attributed to price effects amid strong international market demand.
Regarding investments, Cartier Saada allocated 361,000 dirhams during this quarter, focusing mainly on production line improvements to enhance work ergonomics at certain positions, positively impacting productivity.
These investments are part of the company’s continuous improvement strategy and its Corporate Social Responsibility (CSR) approach, the statement added.
