As anticipated in the first quarter (Cf. Research paper -Taqa Morocco Q1-21 results), the half-year revenue of TAQA Morocco fell by -13.7% in H1-21 to MAD 3,465 Mn. In more detail, we note a -27.2% drop in the operator’s revenue during Q2-21 after a recovery of +1.5% in Q1-21. At the origin of this half-year variation, the simultaneous decline in power costs and energy costs during the same period : ...
