Resourcery Plc, indigenous Systems Integration Company in West Africa has paid N45million to shareholders as half dividend for the year ended December 2012.
This was disclosed at the 23rd annual general meeting of the company which held at the Eko Hotels and Suites recently.
In his address to shareholders, Mr. Tayo Amusan, chairman of the company’s board, noted that the company continued to demonstrate leadership in Systems Integration in the West African market.
During this year the company confirmed its leadership position as the top partner in the West Africa region for global technology leaders like Cisco Systems, Check Point, ArcSight, SAS and CommScope.
Amusan said; “In spite of the particular challenges faced last year from the generally harsh economic climate, our Company has, through hard work and dedication, managed to protect the interest of our shareholders. Our turnover for the year under review increased from N5.2bn in 2011 to N5.9bn in 2012, this represents a 14% top line growth. Despite the interest cost of N220m, the Company achieved profit before tax of N201million.”
He also said that; “in fulfillment of the promise we made at the 22nd Annual General Meeting to our shareholders, we are pleased to announced that the 2012 half dividend of N45million, has been paid to our shareholders. This further signifies the board’s commitment to the growth and development of the organization as it strives to become Africa’s preferred IT Company.”
Speaking for the management team of the organization, Tani Fafunwa, managing director, noted that the year 2012 provided Resourcery with the opportunity to improve on its service offerings as well as consolidate on the gains made in 2011. In this regard, the company made a number of strategic investment choices designed to expand and strengthen its solution offerings. From expanded vendor relationship to improved technical skills in partner’s solution offerings, the company implemented market strategies that aligned with our major partners for maximum benefit.
“The success of this strategy is evident in the fact that we were the largest partner in West Africa for Cisco, CommScope, SAS, ArcSight and Check Point. This has made us leaders in specific solutions like Cisco’s Collaboration suite, which includes voice and video solutions; Cisco’s mobile internet and service provider technologies; SAS Anti-Money Laundering; ArcSight security information and event management and Check Point data security solutions.”
Fafunwa said; “the company also invested in Kitskoo Cloud Services, a company set up to take advantage of major global and local transitions and shifts in technology. These changes include the availability and local viability of cloud services, increases in mobile connected devices and the need for expert security solutions brought about by these very changes. The solutions, when offered over solid infrastructure, offer immense benefits to customers in terms of efficiency, cost reduction and speed to market.”