SNEP posted a 28% increase in turnover at the end of the first half of 2021, benefiting from the national economic recovery combined with the favorable sales price environment.
The National Society of Electrolysis and Petrochemicals (SNEP) has registered an increase of 28% of its turnover, dropping from MAD 403.7 million to 1is semester 2020 to 516.9 million DH at the end of June 2021, according to a communicated aired this Wednesday, August 4.
At the end of the 2nd quarter of 2021, SNEP recorded a 38.6% increase of its turnover which stood at 254.2 million DH, against 183.4 million DH during the same period of the previous year.
The company explains the increase in its turnover by the national economic recovery combined with the favorable situation of sales prices.
Activity indicators
is about financial debt, it recorded an increase of 9.4% to 246.9 million DH, against 225.6 at December 31, 2020. SNEP underlines that this increase is in line with investment spending.
the CAPEX reached DH 75.2 million in 1is semester 2021. The company emphasizes that the investment projects are continuing in accordance with the set schedule.
Evolution of the SNEP price on the stock market
Source : leboursier.ma
–
