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Hydrocarbons: Vivo Energy Cote d'Ivoire pays 1.140 billion FCFA in dividends to its shareholders

26/11/2020
Source : financialafrik.com
Categories: Companies

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Vivo Energy Cote d'Ivoire, a company specializing in the distribution of hydrocarbon products, is paying its shareholders on November 26, 2020, a net global dividend of 1.140 billion FCFA (1.710 million euros) for the 2019 financial year, announced the directors of this company based in Abidjan.

This corresponds to a net dividend per share of 63.90 FCFA compared to 64.286 FCFA in 2018, a slight decrease of 0.60%.

At the end of the year under review, this company had made a profit of 5.465 billion FCFA compared to 5.389 billion FCFA in 2018, a slight increase of 1.41%.

The same trend was observed in terms of turnover, which increased by 1.9% to 354.252 billion FCFA compared to 347.717 billion FCFA in 2018.



The Commodity Purchase section saw its level increase by the order of 8.565 billion FCFA to 311.187 billion FCFA compared to 302.622 billion FCFA in 2018. On the other hand, other charges increased to 1.012 billion FCFA compared to 696.437 million FCFA

a year earlier.

For its part, the company's added value increased by 2.029 billion FCFA, from 16.675 billion FCFA in 2018 to 18.704 billion FCFA at 31 December 2019.

For its part, the gross operating surplus grew by 1.79%, reaching 12.203 billion FCFA compared to 11.988 billion FCFA in 2018.

For its part, operating income increased by 0.58% to 8.088 billion FCFA compared to 8.041 billion FCFA a year earlier.

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