This strong performance is attributed to the group Multiplay To the successful integration of the recently acquired entities, in line with its strategy to enrich its business portfolio with specialized expertise.
The group’s net profits amounted to 744 million dirhams, including unrealized gains worth 537 million dirhams from changes in the fair value of the general investment portfolio.
The group’s revenues increased in the third quarter of the year by 47 percent on an annual basis, achieving 518 million dirhams, as the increase was supported by growth in all sectors (more than 9 percent on an annual basis), and the merger of the businesses of “Backlight Media” and “The Grooming Company.” Holding and Excellence Premier Investment.
Blended gross profit margin remained healthy at 44 percent, reflecting the change in media revenue and the integration of Excellence into the mobility segment.
Total income from investments and other sources amounted to 221 million dirhams, including the proceeds it obtained from the distribution of dividends.
