Addoha lifts first-half profit 20%: what it means for Addoha stock

Published on 10/19/2026 at 01:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half profit reached MAD 336 million, up 20 percent year on year. A MAD 12.9 billion base frames Addoha stock on September 25, 2026.

Profit and expansion signals

Groupe Addoha reported a 20 percent first-half profit increase on October 16, 2026.
The Ivorian portfolio carried potential revenue of MAD 22.3 billion on October 9, 2026.
TradingView lists March 3, 2027, as the next reporting date for Douja Promotion Groupe Addoha.

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Addoha reported a 20 percent rise in first-half net profit to MAD 336 million on October 16, 2026, while its secured revenue base reached MAD 12.9 billion. The figures give Addoha stock a sharper earnings and expansion story, with the company extending its West African property pipeline.

Profit growth meets stronger sales

According to Billionaires Africa on October 16, 2026, revenue rose 9 percent to MAD 1.41 billion in the first half of 2026. Current operating profit increased 79 percent to MAD 302 million, lifting the operating margin from 13 percent to 21 percent.

Presales reached 5,557 homes, compared with 5,018 a year earlier, while completed sales climbed to 3,848 homes from the prior-year level. The secured revenue figure of MAD 12.9 billion, measured on September 25, 2026, compared with MAD 11.7 billion at the release of the full-year 2025 figures.

What does the profit gain mean?

The answer lies in the mix of current earnings and future delivery. Addoha had 23,791 homes under construction at the end of the first half of 2026, with 35 percent outside Morocco, and potential revenue of MAD 19.8 billion.

Infomédiaire reported on October 13, 2026, that management presented figures for 20 Ivory Coast projects covering 27,469 units as of October 9, 2026. The portfolio carried potential revenue of MAD 22.3 billion, with MAD 5.63 billion secured through signed agreements and contracts.

Next reporting date is March 3

TradingView lists March 3, 2027, as the next reporting date for Douja Promotion Groupe Addoha. The Casablanca-listed developer also faces the practical task of converting its pipeline into completed sales and cash flow.

Expansion adds execution risk

TelQuel reported on October 16, 2026, that Addoha had introduced the Addoha Signature brand in Ivory Coast and presented updated figures to Moroccan investors. West Africa represented MAD 3.7 billion, or 29 percent, of secured revenue on September 25, 2026, making delivery discipline central to the expansion case.