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Oragroup: net income up 46% and 4.44 billion FCFA in dividends to be distributed

12/06/2020
Source : Agence Ecofin
Categories: Sectors

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For its 2019 financial year, Oragroup claims a net result of 18.327 billion FCFA, up 46.7% compared to the previous year (concluded with 12.491 billion FCFA).

This result emerges from the latest financial statements published by the banking group, as a prelude to the next AGM, scheduled for the end of this month (June 29).

Of this profit, the shareholders should share the sum of 4.44 billion as dividends (according to the allocation project for the 2019 financial year), with a gross unit dividend valued at 64 F.

The group therefore closes this financial year with indicators rather positive, with in particular a total balance sheet up 21% annually (2,634 billion FCFA, against 2,171 billion FCFA in 2018). Net banking income (GNP) meanwhile increased by 146.8 billion FCFA (up 15.6%, compared to the previous 126.9 billion FCFA). Equity, for its part, stood at 140.6 billion FCFA according to IFRS standards.

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