RABAT, Sept 26 (Reuters) – Addoha , Morocco’s biggest property developer, posted a 30 percent fall in first-half net profit after a drop in sales.
Addoha said on Monday it made 481 million moroccan dirhams ($58 million) consolidated net profit during the six months to end-June, on turnover down 12 percent to 2.81 billion.
Its shares were down 1.4 percent at 1009 GMT. (Reporting by Souhail Karam; Editing by Dan Lalor) ($1 = 8.288 Moroccan dirhams)
