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Modon Holding announced a net profit of 8.74 billion dirhams

news agency wam , 1 Aug 2024 - 0:04

By publishing its financial report, Modon Holding has announced that this holding has recorded a net profit of 8.74 billion dirhams for the first half of 2024.


According to Amac News: Modon Holding said that the income was 2.2 billion dirhams, an increase of 333% compared to last year, and the gross profit was 833.2 million dirhams compared to last year.
Modon Holding achieved a net profit of 8.74 billion dirhams, which included a temporary acquisition gain from the purchase of Modon and ADNEC properties.
This historic transaction marks one of the largest acquisitions in the country's history and paves the way for Modon Holding to become a leading player in real estate.
 


Story Code: 1145

News Link :
https://www.amacnews.com/en/news/1145/modon-holding-announced-a-net-profit-of-8-74-billion-dirhams

AMAC
  https://www.amacnews.com