(Business in Cameroon) - Listed on the Douala Stock Exchange (DSX), Société africaine forestière et agricole du Cameroun (Safacam) made a net return of 1.8 billion FCFA compared to 2.8 billion FCFA at the end of 2013. This is a one billion FCFA downturn compared to the previous period.

According to Safacam’s auditors, this profit loss in 2014 is due to a decline in global rubber production and pricing last year. Safacam palm oil production grew by 8% in 2014, but that of rubber fell by a 12% for the same period while world prices for the latter raw material fell by 31%.

Despite this poor performance, Safacam will distribute close to 1.4 billion FCfa in 2014 dividends to its shareholders at a rate of 1,120 FCFA per share before tax.