Home Morocco OCP: Turnover of Nearly MAD 32.48 Bln in H1-2021

OCP: Turnover of Nearly MAD 32.48 Bln in H1-2021

OCP Group, the world leader in the fertilizers market, achieved a turnover of nearly 32.48 billion dirhams in the first half of 2021, compared to 27.4 billion dirhams a year earlier.

In the second quarter of 2021, the turnover reached 18.19 billion dirhams, compared to MAD 15.13 billion in Q2-2020, the group announced in a statement on its quarterly results.

“This performance is supported by higher sales prices compared to the second quarter of the previous year,” explained the Group.

Investment spending on industrial development reached 2.55 billion dirhams in the second quarter of 2021, compared to 2.96 billion dirhams in the same period of the previous year.

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