The option chosen by the subsidiary of Fako Transport and Shipping Company Limited allocates 85% of the annual profit to shareholder payments. Founded in 2020 to execute a 15-year contract expiring in 2035 with the Douala Port Authority, the company with a capital of 100 million CFA francs records a turnover of 436.7 million CFA francs, facing operating costs of 397.7 million CFA francs, resulting in a net margin of 6.7% after paying 9.6 million CFA francs in corporate tax.

The profit allocation structure sets the legal reserve contribution at 2.9 million CFA francs, corresponding to the mandatory rate of 10%, leaving a marginal surplus of 1.45 million CFA francs carried over to the new financial year. The scarcity of retained funds restricts the company's self-financing capacity for the renewal of naval equipment and maintenance of mooring and unmooring facilities on the Bonaberi shore. The firm is thus forced to rely on its existing treasury, financial support from its partners, or bank loans to finance its future working capital needs. In parallel, an envelope of 4 million CFA francs dedicated to staff performance bonuses has been validated for reintroduction into the revised budget for the 2026 financial year.

The reconfiguration of the shareholder structure is underway, with the convening of Category C shareholders in an extraordinary meeting during July 2026. Shareholders must decide whether to subscribe to the remaining 10% of the available capital or relinquish their pre-emptive rights in favor of the majority partner, Fakoship Ltd. The outcome of the vote will offer the historical shareholder the opportunity to increase its strategic hold on the exclusive operator of maritime services in the Wouri, while ensuring compliance with the contractual obligations set by the port authority until the end of the concession.


Nlend Flore

Tags: port autonome douala douala mooring company bénéfices dividendes fako transport shipping cameroun économie