Moroccan builder Addoha reports 18 pct rise in net profit in 2016 - Zawya Projects

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Moroccan builder Addoha reports 18 pct rise in net profit in 2016

The company reported an 18% jump in net profit to $100m
RABAT, March 30 (Reuters) - Addoha , Morocco's biggest property developer by market value, reported an 18 percent jump in net profit to 1 billion dirhams ($100 million), the company said in a statement on Thursday.

(Writing by Aidan Lewis; Editing by Susan Fenton) ((Aidan.Lewis@thomsonreuters.com ; +216-29850352;))