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Taqa Morocco SA Company Snapshot
Taqa Morocco SA, formerly Jorf Lasfar Energy Company SA (also JLEC) is a Morocco-based company engaged in the energy sector. The Company is a subsidiary of the TAQA Group and it divides its activities into two main segments: The Power Station and JLEC 5&6. The Jorf Lasfar Power Station is located close to El Jadida, and to the Port of Jorf Lasfar, and it has six production units. The power station's coal terminal is a link to the electricity production sector in Morocco. About 85% of coal imports for coal fired power stations transit through this terminal.

Sales Analysis. Taqa Morocco SA reported sales of 9.12 billion Moroccan Dirhams (US$924.10 million) for the year ending December of 2019. This represents an increase of 7.1% versus 2018, when the company's sales were 8.51 billion Moroccan Dirhams. This was the third consecutive year of growth at Taqa Morocco SA.
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Taqa Morocco SA
  Stock Performance Chart for Taqa Morocco SA
  Stock Data: Recent Stock Performance:
  Current Price (5/22/2020): 870.00
(Figures in Moroccan Dirhams)
1 Week -0.1%   13 Weeks 3.3%  
4 Weeks -9.4%   52 Weeks 1.6%  
Taqa Morocco SA Key Data:
  Ticker: TQM Country: Morocco
  Exchanges: CAS Major Industry: Utilities
    Sub Industry: Electric Services
  2019 Sales 9,117,946,000
(Year Ending Jan 2020).
Employees: 481
  Currency: Moroccan Dirhams Market Cap: 20,522,031,540
  Fiscal Yr Ends: December Shares Outstanding: 23,588,542
  Share Type: Ordinary Closely Held Shares: 20,236,587
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