
SMI: Revenue Soars 36% in Q1 Driven by Silver Price Surge
SMI: Revenue Soars 36% in Q1 Driven by Silver Price Surge
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Casablanca slips 1.0% as SMI sales jump 36% and Label Vie rises 15.9%
The MASI fell 1.0% to 18,263.97 points on May 19, while the MASI Mid and Small Cap dropped 1.62% to 1,882.44 and the MASI ESG lost 1.18% to 1,306.78. Among stocks, Promopharm jumped 5.9% on May 19 despite the MASI's 1.0% decline, according to analyst notes, after Unimer rose 6.0% to 167.45 dirhams on May 18. On earnings, Label Vie reported first-quarter revenue of 4.18 billion dirhams, up 15.9% at end-March 2026, according to Le Matin.ma, Medias24 and L'Economiste. SMI, for its part, posted a 36% jump in first-quarter revenue on soaring silver prices, according to Medias24.
LabelVie Reports 15.9% Revenue Increase by End of March 2026
LabelVie reports a 15.9% increase in revenue by the end of March 2026.
Label Vie Reports 4.18 Billion Dirhams in Q1 Revenue for 2026
Label Vie Reports 4.18 Billion Dirhams in Q1 Revenue for 2026