Mubasher: Disway Company posted on Tuesday a year-on-year rise of 29.9% in its profits for the first half of the fiscal year 2016.

Net profit for H1-16 reached MAD 34.83 million ($3.54 million), versus MAD 26.82 million ($2.72 million) for H1-15, according to a bourse filing.

The rise was attributed to the increase in accumulated revenues by 7% to MAD 827 million in the period.