Mozambique Medicines Company profits down 98.5% in 2025 after extraordinary gains in 2024
Mozambique Medicines Company profits down 98.5% in 2025 after extraordinary gains in 2024
Profits at state-owned Sociedade Moçambicana de Medicamentos (SMM) fell 98.5% in 2025 to 10.1 million meticais (€137,000), according to the company’s financial statements, which Lusa accessed on Tuesday. According to the report, SMM (Mozambique Medicines Company) recorded a positive net result in 2025, although well below the profit of 674.7 million meticais (€9.1 million) recorded…
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Profits at state-owned Sociedade Moçambicana de Medicamentos (SMM) fell 98.5% in 2025 to 10.1 million meticais (€137,000), according to the company’s financial statements, which Lusa accessed on Tuesday. According to the report, SMM (Mozambique Medicines Company) recorded a positive net result in 2025, although well below the profit of 674.7 million meticais (€9.1 million) recorded…