November 24, 2024
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Saham reports 17% fall in 2016 net profit

Morocco’s Saham Assurance has reported a 17.2 percent fall in 2016 net profit to USD28.2 million, the insurance company said in a statement. Net profit was hurt by an exceptional tax charge of MAD130 million stemming from a 2012-2015 tax audit, it said. Revenue rose 16.4 percent to MAD4.39 billion including a 113 percent jump […]
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