Actu Eco » Banque et Finance

Stock Market : Investors Are Seeking Shares In The Mineral Water Company Of Cameroon.

Dernière mise à jours il y'a 1 ans

The shares issued on December 12, 2024, by the Mineral Water Company of Cameroon were the only ones in demand on a market considered sluggish.

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Despite the lackluster financial performance of the Cameroonian beverage subsidiary, investors are gradually taking an interest in it. In total, 75 shares were traded for a total amount of over 3 million CFA francs.This transaction, recorded on the stock market compartment of the Stock Exchange , has somewhat revitalized this market.

Among the reasons for this renewed confidence are the company's outstanding financial performance. Despite losing its market leadership in the mineral water sector. At the beginning of 2024, the Mineral Water Company of Cameroon achieved a turnover of 5.4 billion CFA francs, an increase of 274 million CFA francs. The steady turnover can be mainly attributed to the increase of more than 4% in sales volume compared to 2023. This growth, recorded at the beginning of 2024, demonstrates the Mineral Water Company of Cameroon's ability to bounce back in the market, particularly thanks to a strategy focused on increasing its sales volume.

 


Christelle koambi

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