profits down 48% in 2022
The 2022 results of TotalEnergies Marketing Morocco have been “strongly impacted by the very high level of international prices for oil products which led to a significant response in commercial margins, in particular at the level of the activity of the network of service stations“. This is indicated by the oil company in a financial communication.
Thus, it achieved a net profit of 484 million dirhams and a consolidated net profit of 488 million at the end of December 2022, down 45% and 48% respectively compared to the previous year. Consolidated turnover stands at 19.71 billion dirhams in 2022.
>>Read also: 40% drop in the profit of TotalEnergies Morocco in 2022 (Profit warning)
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