Cameroon – Transport: Port of Douala had a net profit of CFAF 941 million in 2016

At the 67th session of the Douala Port Authority (DPA), held recently in Douala, it was learned that the airport structure generated a net profit of 940.5 Million CFA francs for the financial year 2016. According to Shey Jones Yembe, chairman of the board of directors, the profit before tax is 2.16 billion FCFA.

Total assets and liabilities are CFAF 137.5 billion. In order to provide the DPA with the necessary tools to improve corporate governance, the Board of Directors decided to create three specialized committees. Namely, the Audit and Risk Management Committee, the Planning and Compensation Committee.

The DPA expects a better performance for the fiscal year 2017 because, on another level, the Chinese company Zpmc, world leader in the construction of lifting port equipment, delivered in May A gantry of last generation. Cost of investment was 5.5 billion FCFA.

The new gantry will significantly boost handling capacity at the port’s container terminal, as it is capable of fetching containers even further in ships (15 rows against 13 for existing gantries) and has A lifting capacity of 45 tons against 40 tons at the moment. This makes it possible to maneuver more quickly.

Source: Kmer Saga, 25-06-17