BRIEF-NPO Fizika FY 2016 net result turns to profit of RUB 489.7 mln
* FY 2016 profit after tax 489.7 million roubles ($8.62 million) versus loss of 24.8 million roubles year ago
RABAT, March 29 Morocco's National Investment Co (SNI) an investment holding firm controlled by the country's monarchy, reported a 34 percent increase in net profit, helped by capital gains from a merger between Lafarge Ciments and Holcim Maroc, it said in a statement on Wednesday.
Net profit attributable to shareholders rose to 4.43 billion Moroccan dirhams ($43.11 million) from 3.31 billion dirhams a year earlier, a financial statement published in the Le Matin newspaper, which is close to the palace. ($1 = 9.9746 Moroccan dirham) (Reporting by Samia Errazzouki; writing by Patrick Markey)
* Says CEO Alan Masarek's FY 2016 total compensation was $6.8 million versus $5.4 million in fy 2015 - SEC Filing Source text: [http://bit.ly/2pt7hwL] Further company coverage: