Middle East Economic Survey
Samir Profits Reach $34Mn For 1H2005
Moroccos sole refiner Samir made MD315mn ($34.4mn) in net profits for 1H2005, up from MD134mn ($14.6mn) achieved in 1H2004. Samirs sales revenues increased from MD7.561bn ($824.8mn) in 1H2004 to MD11.175bn ($1.219bn) in 1H2005; while operating profits increased from MD120mn ($13.09mn) to MD415mn ($45.67mn). The volume of crude oil treated by the Moroccan refinery increased from 3.044bn tons in...