CMT reports 74 percent revenue growth: 60 percent margin frames CMT stock

Published on 10/19/2026 at 00:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Net income reached MAD 187 million in the first half of 2026. A 31 percent net margin gives CMT stock a quantified earnings backdrop.

Metals and margin drive results

At June 30, 2026, consolidated revenue reached MAD 596 million, up 74 percent year over year.
Net income reached MAD 187 million in the first half of 2026, compared with MAD 75 million a year earlier.
Investing.com lists December 2, 2026, as the next reporting date for CMT.

CMT, MA0000011793, Illustration mit AI erstellt.

CMT (MA0000011793) reported MAD 596 million in consolidated revenue for the first half of 2026, up 74 percent from the same period a year earlier, while its operating margin reached 60 percent. Infomediaire published the results on September 28, 2026, citing CMT's consolidated accounts through June 30.

Profit grows faster than revenue

Net income reached MAD 187 million in the first half of 2026, compared with MAD 75 million in the first half of 2025. Consolidated operating income rose to MAD 356 million from MAD 199 million, a 79 percent increase, while the net margin reached 31 percent against 22 percent a year earlier, according to Infomediaire.

What supports the next phase?

The earnings improvement combined stronger metal prices with higher sales volumes. Zinc prices rose 22 percent and silver prices increased 141 percent in the first half of 2026, while concentrate volumes sold increased 17 percent even as production stayed broadly stable, Dirham Digest reported on September 28, 2026. CMT also continued work on the Ighrem Aousser mine shaft and exploration programs covering copper, gold, antimony and graphite.

When are the next results due?

Investing.com lists December 2, 2026, as the next reporting date for CMT, with the next period ending in September 2026. That date gives investors a scheduled checkpoint for whether volume growth is beginning to reinforce the strong first-half contribution from metal prices.

Mining expansion now meets execution

CMT's first-half figures point to a business benefiting from both pricing and commercial volumes, but the stable production level keeps mine development and exploration central to the next operating phase. The 60 percent operating margin and 31 percent net margin provide the clearest numerical measure of the period's profitability.