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SCG-Ré: results 2021 on the rise

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Magazine Issue: 
CIMA, a tremendous success [3]
Magazine date: 
Jul 2022

SCG RéThe Société Commerciale Gabonaise (SCG-Ré [4]) ended the year 2021 with a 7% increase in its turnover to 14.6 billion FCFA (25.2 million USD).

The technical result grew from 6.393 billion FCFA (11.97 million USD) in 2020 to 6.94 billion FCFA (11.98 million USD) one year later.

This performance is mainly accounted for by the 18% decrease in loss experience which is driven by the portfolio cleanup and risk selection policy.

A dividend worth a total amount of 400 million FCFA (690 540 USD) was distributed to the company's shareholders for 2021.

Thu, 15/09/2022 - 13:22

Source URL: https://www.atlas-mag.net/en/category/pays/gabon/scg-re-results-2021

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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-193-july-2022
[4] https://www.atlas-mag.net/en/article/scg-re