RABAT, March 23 (Reuters) - Morocco's Office Cherifien de Phosphate (OCP), the world's leading phosphate exporter, posted a 52.8 percent fall in its 2016 net profit, the company said in a statement on Thursday.
Net profit fell to 3.78 billion dirhams ($379 million), down from 8.01 billion dirhams a year earlier, the company said.
Consolidated revenues last year fell from 47.74 billion dirhams to 42.47 billion dirhams, company data showed.
(Reporting by Samia Errazzouki; Editing by David Goodman) ((Aidan.Lewis@thomsonreuters.com ; +216-29850352;))
Net profit fell to 3.78 billion dirhams ($379 million), down from 8.01 billion dirhams a year earlier, the company said.
Consolidated revenues last year fell from 47.74 billion dirhams to 42.47 billion dirhams, company data showed.
(Reporting by Samia Errazzouki; Editing by David Goodman) ((Aidan.Lewis@thomsonreuters.com ; +216-29850352;))