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Afric Industries Sa (Morocco)

Main Activities: Abrasive Product Manufacturing | Alumina and Aluminum Production and Processing
Full name: Afric Industries Sa Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

AFRIC INDUSTRIES SA is a company located in Tangier, Morocco. With almost 40 years of experience, they specialize in designing, manufacturing, and marketing flexible abrasive papers for manual sanding. Their range of abrasive papers caters to the sanding and finishing needs of various industries such as wood, metal, leather, glass, bodywork, paint, and plastic workshops. As a subsidiary of the Aluminum Du Maroc Group, AFRIC INDUSTRIES SA has expanded its operations to include a second marketing activity focused on aluminum accessories and EPDM seals. These aluminum accessories are meticulously manufactured in their workshops to ensure perfect assembly of their customers' joinery products. The company's production site in Tangier spans a total surface area of 10,000 m², with 6,000 m² covered. Out of this, 4,000 m² is dedicated to the production and storage of abrasive paper, while 2,000 m² is allocated to the industrial production unit for aluminum joinery, equipped with high-performance technical equipment. AFRIC INDUSTRIES SA prioritizes creating a favorable working climate for its staff. They achieve this through an advantageous remuneration policy, appropriate training programs, and other benefits provided to their employees. Training is considered a fundamental aspect of the company's development, both in terms of social policy and optimizing the performance of their teams.

Headquarters
Zone Industrielle Mghogha, Route De Tetouan, Lot 107, Allee 3
Tangier; Tanger-Tetouan-Al Hoceima; Postal Code: 90000

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Website: http://www.africindustries.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1981
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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51%
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49%
Company Performance
Financial values in the chart are available after Afric Industries Sa 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
-13.54%
Total operating revenue
-14.08%
Operating profit (EBIT)
-60.44%
EBITDA
-57.01%
Net Profit (Loss) for the Period
-61.9%
Total assets
-1.86%
Total equity
-5.51%
Operating Profit Margin (ROS)
-15.34%
Net Profit Margin
-11.48%
Return on Equity (ROE)
-6.1%
Debt to Equity Ratio
6.94%
Quick Ratio
0.08%
Cash Ratio
-0.03%

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