{"id":471826,"date":"2021-06-07T12:08:44","date_gmt":"2021-06-07T12:08:44","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=471826"},"modified":"2021-06-07T12:08:44","modified_gmt":"2021-06-07T12:08:44","slug":"engineering-sharp-increase-in-profit-for-the-company-setao-in-2020","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2021\/06\/07\/engineering-sharp-increase-in-profit-for-the-company-setao-in-2020\/","title":{"rendered":"Engineering: Sharp increase in profit for the company SETAO in 2020"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The after-tax profit of the Soci\u00e9t\u00e9 d&#8217;\u00e9tudes et de travaux pour d&#8217;Afrique de l&#8217;Ouest (SETAO), a subsidiary of the Bouygues group specializing in consulting and engineering services in the field of building and public works (BTP ), saw a sharp increase of 168% at the end of fiscal year 2020 compared to the previous fiscal year.<\/p>\n<p>The provisional annual results for the year under review highlight a profit of 2.321 billion FCFA against 866 million FCFA as of December 31, 2019, an increase of 1.455 billion FCFA. SETAO&#8217;s turnover stood at 15.900 billion FCFA against 9.277 billion FCFA in 2019, an increase of 6.623 billion FCFA. The company&#8217;s purchases and costs are also up by 3.791 billion, to 9.552 billion FCFA against 5.761 billion FCFA in 2019.<\/p>\n<p>SETAO&#8217;s added value increased by 80.59% to 6.348 billion FCFA against 3.515 billion FCFA in 2019. Staff costs for their part increased sharply by 96 million, from 2.380 billion FCFA in 2019 to 2.476 billion. billion FCFA a year later.<\/p>\n<p>The company&#8217;s gross operating surplus rose sharply by 241% with an achievement of FCFA 3.871 billion against FCFA 1.135 billion as of December 31, 2019. The operating result follows the same trend, rising from FCFA 978.905 million. in 2019 to 3.108 billion FCFA at the end of the year under review (+ 217%). The same observation can be made concerning the result of ordinary activity which stands at 3.349 billion FCFA against 1.115 billion FCFA as of December 31, 2019 (+ 200%).<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The after-tax profit of the Soci\u00e9t\u00e9 d&#8217;\u00e9tudes et de travaux pour d&#8217;Afrique de l&#8217;Ouest (SETAO), a subsidiary of the Bouygues group specializing in consulting and engineering services in the field of building and public works (BTP ), saw a sharp increase of 168% at the end of fiscal year 2020 compared to the previous fiscal<\/p>\n","protected":false},"author":536282,"featured_media":471827,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12046],"tags":[16631,18717,18164,18715,18716],"class_list":{"0":"post-471826","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-leaders-en","8":"tag-16631","9":"tag-after-tax","10":"tag-profit","11":"tag-sharp-increase","12":"tag-the-company-setao","13":"post_format-post-format-aside","14":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Engineering: Sharp increase in profit for the company SETAO in 2020 - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2021\/06\/07\/engineering-sharp-increase-in-profit-for-the-company-setao-in-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Engineering: Sharp increase in profit for the company SETAO in 2020\" \/>\n<meta property=\"og:description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2021\/06\/07\/engineering-sharp-increase-in-profit-for-the-company-setao-in-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-07T12:08:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2021\/06\/siege-bouygues-telecom-technopo.png\" \/>\n\t<meta property=\"og:image:width\" content=\"696\" \/>\n\t<meta property=\"og:image:height\" content=\"463\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Albert Savana\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Albert Savana\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/07\\\/engineering-sharp-increase-in-profit-for-the-company-setao-in-2020\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/07\\\/engineering-sharp-increase-in-profit-for-the-company-setao-in-2020\\\/\"},\"author\":{\"name\":\"Albert Savana\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/12e2e10e56f65df0540cb842b7b0ce22\"},\"headline\":\"Engineering: Sharp increase in profit for the company SETAO in 2020\",\"datePublished\":\"2021-06-07T12:08:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/07\\\/engineering-sharp-increase-in-profit-for-the-company-setao-in-2020\\\/\"},\"wordCount\":227,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/07\\\/engineering-sharp-increase-in-profit-for-the-company-setao-in-2020\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2021\\\/06\\\/siege-bouygues-telecom-technopo.png\",\"keywords\":[\"2020\",\"after-tax\",\"profit\",\"Sharp increase\",\"the company SETAO\"],\"articleSection\":[\"Leaders\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/07\\\/engineering-sharp-increase-in-profit-for-the-company-setao-in-2020\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/07\\\/engineering-sharp-increase-in-profit-for-the-company-setao-in-2020\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/07\\\/engineering-sharp-increase-in-profit-for-the-company-setao-in-2020\\\/\",\"name\":\"Engineering: Sharp increase in profit for the company SETAO in 2020 - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/07\\\/engineering-sharp-increase-in-profit-for-the-company-setao-in-2020\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/07\\\/engineering-sharp-increase-in-profit-for-the-company-setao-in-2020\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2021\\\/06\\\/siege-bouygues-telecom-technopo.png\",\"datePublished\":\"2021-06-07T12:08:44+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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