Agro processing industries
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Portfolio>Agro processing industries
This sub-sector, which is composed of three companies: SOSUCAM, SAFACAM et MAISCAM, recorded improvements in its trade performance during the 2004 fiscal year. Its turnover exclusive of tax was 58,116 million CFA F compared to 47,921 million CFA F in 2003, recording a net increase of 21.27 % over the previous fiscal year.
SOSUCAM, SAFACAM and MAISCAM supply the market in Cameroon and surrounding areas with staple products such as sugar, palm oil, flour, etc.
Rubber production by SAFACAM is currently recording net progress following several years of decline.
The principal ratios in this sub-sector, as at 31 December 2004, are as follows (in %) :
| RATIOS | Sub-sector average | SOSUCAM | SAFACAM | MAISCAM | Financial expenses
Turnover exclusive of tax | 10,75 | 12,39 | 2,00 | 1,87 | Added value
Turnover exclusive of tax | 50,60 | 52,72 | 59,35 | 7,43 | Net income
Turnover exclusive of tax | 0,46 | -0,57 | 13,78 | - 6,21 | Total debts
Total liabilities | 54,74 | 56,44 | 10,51 | 126,48 | Net cash flow + Financial
expenses + Taxes & Levies
Total assets | 22,29 | 22,66 | 29,98 | - 2,76 | National staff costs
Total staff costs | 87,45 | 86,09 | 94,99 | 96,89 | National staff strength
Total staff strength | 99,53 | 99,49 | 99,69 | 98,36 | Working capital
Current assets | 1,00 | 0,04 | - 4,03 | 13,99 | Aggregate depreciation
Gross capital assets | 49,82 (1) | 49,11 | 53,29 | -
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Why invest in the food industry ?
Our market is very rich in opportunities for companies specialised in food and beverages, both traditional and innovative. |
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