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Promopharm S.A. (Morocco)

Main Activities: Medicinal and Botanical Manufacturing
Full name: Promopharm S.A. Profile Updated: May 25, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Societe De Promotion Pharmaceutique Du Maghreb, or Promopharm, is a Moroccan pharmaceutical company, set up in Settat in 1947. It is engaged in the production, marketing, import and export of human medicines, dermapharmaceuticals and cosmetics, as well as to the related activities in industrial production, real estate, financial and commercial sectors. The company also manufactures generic products of known brands, focusing on chronic diseases. Promopharm has established partnership with major international medicine producers and is an exclusive importer of their licensed products for Morocco. The dermopharmaceuticals and products for the cosmetic industry are delivered to both national and international laboratories, especially in Algiers and some other countries of the Sun-Saharan Africa. The company was known as Lafrabiol Co. until 1985.

Headquarters
Rue 7. Zone Industrielle Du Sahel
Soualem; Casablanca-Settat; Postal Code: 26400

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Website: http://www.promopharm.co.ma

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1947
Key Executives
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Chairperson
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Member of the Management Board
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Member of the Management Board
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Member of the Management Board
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Member of the Management Board
Ownership Details
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94.12%
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5.88%
Subsidiaries
Algerie Industrie Mediterraneenne du Medicament [AIMM] (Algeria)
87.7%
Company Performance
Financial values in the chart are available after Promopharm S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MAD. Absolute financial data is included in the purchased report.
Net sales revenue
13.27%
Total operating revenue
13.16%
Operating profit (EBIT)
6.99%
EBITDA
2.4%
Net Profit (Loss) for the Period
-4.65%
Total assets
25.1%
Total equity
12.54%
Operating Profit Margin (ROS)
-0.57%
Net Profit Margin
-1.05%
Return on Equity (ROE)
-0.88%
Debt to Equity Ratio
15.52%
Quick Ratio
0.16%
Cash Ratio
-0.09%

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