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Palm Ivory Coast Company: slight decrease of 1.83% in net income in 2022

01/05/2023
Source : ORISHAS FINANCE
Categories: Companies

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At the end of fiscal 2022, the net after-tax income of Palm Côte d'Ivoire, which produces and markets crude palm oils, fell slightly by 1.83% compared to fiscal 2021.

The summary financial statements of Palm Côte d'Ivoire mention that the 1.83% decrease recorded went from 42.473 billion FCFA in 2021 to 41.693 billion FCFA. The company's turnover increased by 19%, standing at 234 billion FCFA compared to 196 billion FCFA in 2021. As for the company's share of expenses, the item Purchases of raw materials and related supplies increased by 27%, amounting to 88.247 billion FCFA compared to 69.367 billion FCFA in 2021.

Other purchases increased by 31% to 26.365 billion FCFA compared to 20.133 billion FCFA in 2021.
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