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Promopharm S.A. (Morocco)

Main Activities: Medicinal and Botanical Manufacturing
Full name: Promopharm S.A. 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

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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94.1%
Subsidiaries
Algerie Industrie Mediterraneenne du Medicament [AIMM] (Algeria)
87.7%
Company Performance
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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
12.71%
Total operating revenue
14.54%
Operating profit (EBIT)
-32.33%
EBITDA
-17.69%
Net Profit (Loss) for the Period
-27.34%
Total assets
28.04%
Total equity
6.15%
Operating Profit Margin (ROS)
-6.88%
Net Profit Margin
-3.65%
Return on Equity (ROE)
-2.63%
Debt to Equity Ratio
12.81%
Quick Ratio
-0.53%
Cash Ratio
-0.05%

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