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Business Activity: Eviosys posted a solid performance, at the end of March 2023

20/09/2023
Source : ORISHAS FINANCE
Categories: Economy/Forex Index/Markets

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Eviosys Packaging, listed on the Regional Securities Exchange (BRVM) since September 1996, recorded an improvement in its commercial and profitability indicators at the end of March 2023.

Sales, an indicator of the commercial activity of Eviosys Packaging, grew by 16.5% and net income improved by 37.9% in the first quarter of 2023. The manufacturer and distributor of metal packaging reported sales of 7.6 billion CFA francs ($12.3 million), up 16.5%. The company also reported a net profit of 855.6 million CFA francs, up 37.9% year-on-year

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Eviosys claims to have controlled its other operating expenses relatively well, which allowed it to achieve this increased net profit, at the end of March 2023, despite rising transport costs, in line with the growth of its exports in the West African sub-region.

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