# OCP Group Records Strong Growth in Financial Results for 2023 Third Quarter

> OCP Group announced third-quarter 2023 results on November 20, showing a significant rebound in profitability. Revenue was MAD 61.0 billion and EBITDA MAD 17.2 billion, and the company credited improved phosphate prices and demand in key importing regions.

- Date: 2023-11-20 · published 2023-11-20T12:00:00.000Z
- Category: market · region Morocco · magnitude medium
- Page: https://feedsoft.ai/events/33497-ocp-group-records-strong-growth-in-financial-results-for-2023-third-quarter
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [TSP](https://feedsoft.ai/c/TSP.md)

## Why it matters

The report confirms that phosphate prices are recovering on lower Chinese exports and stronger import demand, supporting firmer DAP and TSP values.

## Read by commodity

- DAP: bullish ▲
- TSP: bullish ▲

## Sources

- moroccotimes.tv: https://moroccotimes.tv/ocp-group-records-strong-growth-in-financial-results-for-2023-third-quarter/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.