Financials & Economy

The ICP issuance was met with robust market interest and was oversubscribed by 1.4 times, a clear indication of investor confidence.

The Group’s gross profit surged 25.8% year-on-year to US$266.2 million, supported by cost efficiencies, strategic acquisitions.

A major milestone was the acquisition of a 60% stake in Graderco, a leading grain and cereal trading firm in Morocco.

The company has secured approximately US$11 million in debtor-in-possession financing to support its operations.

Despite ongoing challenges, the company reported segment operating results of US$2.35 billion and EBITDA of US$1.88 billion.