Societe Anonyme Marocaine de l'Industrie de Raffinage posted MAD 3.4 billion ($341 million) in losses in 2014, against MAD 320 million ($32 million) in profits in 2013.
The company reported operating revenues of MAD 44.05 billion in 2014, compared with MAD 49.1 billion for the previous year.
The company is capitalised at MAD 1.18 billion, divided into 11.8 million shares at MAD 100 par value each.
