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Dividend: Palm CI plans to pay 7.137 billion FCFA to its shareholders

21/04/2025
Source : ORISHAS FINANCE
Categories: Economy/Forex

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For the financial year 2024, the company Palm Côte d'Ivoire, specialized in the production and marketing of crude palm oil and its derivatives, planned to pay its shareholders a net global dividend of 7.137 billion CFA francs (12.134 million dollars).

According to the 2024 financial statements prepared by the company's management, this net income increased from 19.351 billion FCFA at 31 December 2023 to 15.861 billion FCFA at 31 December 2023 to 15.861 billion FCFA at 31 December 2024.

The turnover is also down 34 billion, amounting to 172 billion FCFA against 206 billion FCFA in 2023.

Palm Côte d'Ivoire has drastically reduced its purchases of raw materials and related supplies by 56 billion, from 83 billion FCFA in 2023 to 27 billion FCFA in 2023 to 27 billion FCFA in 2024.

The company's Other purchases were reduced by 4 billion, amounting to 18 billion FCFA compared to 22 billion FCFA in 2023.

For their part, transport is experiencing a decrease of 595 million to 8.999 billion FCFA against 9.594 billion FCFA in 2023.

On the other hand, Palm Côte d'Ivoire saw its external services increase by 9% to 18 billion FCFA against 16 billion FCFA in 2023.

As far as added value is concerned, it generated a balance of 66 billion CFA francs against 71 billion in 2023, i.e. a decrease of 7.50%.

Staff expenses increased by 134 million, amounting to 28.484 billion FCFA against 28.350 billion FCFA in 2023.

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