Douala Autonomous Port nets FCFA 940.5m

BY NDUMBE BELL GASTON The Douala Autonomous Port (better known as PAD in French) is quoted by Invest in Cameroon magazine to have realized a net profit of FCFA 940.5 million according to statistics of the 2016 financial Year.The message was transmitted during the 67th session of the Board that happened recently in Douala. Speaking to board members, the President of the Board Shey Jones Yembe recounted that profits before tax actually accounted for FCFA 2.16 billion and income and expenditure figure attained FCFAF 137.5 billion. Board members want PAD governance to improve as well. This led to a decision…