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BRVM: SICABLE plans to distribute to its shareholders a net dividend per share amounting to 69 FCFA

05/04/2023
Source : ORISHAS FINANCE
Categories: Index/Markets

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The BRVM Weekly Review, a specialized publication of the intermediation management company (SGI) Finance Gestion Intermediation (FGI) based in Dakar has announced that the management of the Société Ivoirienne de Câbles (SICABLE) plans to distribute to its shareholders a net dividend of 69 FCFA per share, representing a return of 5.77% at the price of 1,195 FCFA.

The BRVM Weekly Review indicated that in a context marked by a fall in the cost of inputs such as copper and aluminum, SICABLE Côte d'Ivoire announced a net result of 1.075 billion FCFA at the end of fiscal 2022, an increase of 2581.61% compared to the same period the previous year tooth. Despite a good trend in sales of manufactured products and services, turnover fell by 13.42% to 16.48 billion FCFA. For its part, FGI reports that the equity market closed lower with BRVM C contracting by 1.32% to 203.38 points, BRVM 30 by 0.99% to 102.26 points and BRVM Prestige of 0.56% to 106.18 points.

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