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Growth: SOLIBRA announces a net profit of 15 billion CFA francs in 2023

15/05/2024
Source : ORISHAS-FINANCE
Categories: Rate

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The African Limonaderies and Refreshing Drinks Company (SOLIBRA), a subsidiary of the French group Castel, announced a net profit of 15 billion CFA francs (24.69 million dollars) for the fiscal year 2023.

SOLIBRA's result for fiscal year 2023 is the most robust (+1139%) over this period, compared to 1.2 billion CFA francs in 2022. This performance was supported by increased sales. After a drop in 2022, turnover rose again, reaching its highest level of 311.4 billion CFA francs. This dynamism made it possible to contain an increase in sales costs, which increased by 23.3 billion CFA francs compared to the previous year

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This year, Solibra announces dividends for its shareholders, including 18.6% of the stock market float.

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