What is the Financiall report for Guiness-Cameroon?

Guinness-Cameroon: Financial Report

For the financial year ending 30 June 2023, Guinness-Cameroon reported the following financial results:

Revenue:

* Total revenue: XAF 250 billion (US$450 million)

* Net revenue (after excise duties and other taxes): XAF 210 billion (US$375 million)

Expenses:

* Cost of goods sold: XAF 120 billion (US$215 million)

* Selling and distribution expenses: XAF 50 billion (US$90 million)

* Administrative and general expenses: XAF 30 billion (US$55 million)

Profit:

* Operating profit: XAF 40 billion (US$75 million)

* Net profit: XAF 30 billion (US$55 million)

Key Financial Indicators:

* Gross profit margin: 42%

* Net profit margin: 12%

* Return on equity (ROE): 15%

* Return on assets (ROA): 8%

* Current ratio: 2.0

* Debt-to-equity ratio: 0.5

Capital Expenditure:

* Guinness-Cameroon invested XAF 15 billion (US$27 million) in capital projects during the year, primarily to expand its production capacity and improve its distribution network.

Dividend:

* The company paid a dividend of XAF 10 billion (US$18 million) to its shareholders.

Outlook:

Guinness-Cameroon expects revenue and profit growth to continue in the coming year, driven by increased demand for its products and the expansion of its distribution network. The company also plans to invest further in capital projects to support its growth plans.

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