SIVO CI : Net income down 34%, to 512.4 million CFA francs

The Ivory Coast Company of Oxygen and Acetylene (SIVOA) realized, on the 2011 exercise, a net profit of FCFA512.4 billion, a drop of 34 % with regard to year 2010. His operating profit shows a depreciation of 23 % in FCFA 733.9 billion.

In conformance with the exercise 2011, the structure decided to allocate an amount of FCFA 393 030 000 to shareholders, being a net dividend of FCFA 405 by share. SIVOA IC so offers, in the middle of June, a 5 % yield on the basis of current price market of FCFA 8 085. The dividend will be put in payment from July 04th, 2012.

Since 2010, the stock did not reach any more the helmof FCFA10 000. His highest quotation in 2011 was FCFA 9 000.