Reuters
by Aziz El Yaakoubi
Morocco’s Office Cherifien de Phosphate (OCP), the world’s largest phosphate exporter, posted first-half net profit up 66 percent year on year to 3.99 billion Moroccan dirham ($416.5 million), the company’s data showed on Friday.
The profit jump was mainly attributable to increasing output and a stronger U.S. dollar boosting total revenue.
($1 = 9.5790 Moroccan dirham)
(Reporting By Aziz El Yaakoubi; Editing by David Goodman)
