02 October 2009
Casablanca - Moroccan conglomerate ONA achieved, during the first half of 2009, a net result of 1.79 billion Dirham (216.396 million US dollar), that is a 97.1% rise compared to last year, said here on Thursday ONA managing director, Mouatassim Belghazi.
The rise is due to the climb of the capital of Wana - ONA's telecoms arm - to 2.85 billion dirhams, through the acquisition by Zain Al Ajial consortium of a stake in Wana Corporate SA, the official told the press.
The non-Moroccan part in Wana's capital reaches 31%, he said, adding that the group's consolidated turnover amounts to some 18.28 billion dirhams, a 2.6% rise.
"In a difficult international situation, the group of ONA shows resiliency and maintains good results," underlined Belghazi.
© Agence Maghreb Arabe Presse 2009
