Maghrebail: Increase in net profit in H1

Maghrebail: Increase in net profit in H1
Maghrebail: Increase in net profit in H1

The net profit of Société Maghrebine de Crédit-bail, Maghrebail, reached 67.8 million DH at the end of June 2024, an increase of 8.1% compared to the same period a year earlier. This result is in line with the budgeted one, indicates Maghrebail in a press release published by the company specializing in leasing.

Concerning the turnover, it stood at more than 2 billion DH excluding taxes at the end of June, an increase of 7.1% compared to the same period of the 2023 financial year. Maghrebail also indicates that the costs financial instruments mark an increase of 17.7% year-on-year, due to the impact of successive increases in the key rate of Bank Al-Maghrib in 2023.

As for net banking income (NBI), it increased by 19.1% to 196.7 million DH. General operating expenses stood at 55.6 million DH, showing an operating coefficient of 28.3%. As for Maghrebail’s net book outstanding, it exceeded 12 billion DH at the end of last June, up 3.1% compared to the same period a year earlier.

-

-

PREV a device will change everything from October 1st
NEXT UBS chairman warns of sharp increase in capital requirements, newspapers say