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SAPH: THIRD QUARTER 2019 ACTIVITY REPORT

31/10/2019
Source : Bulletins Officiels de la Cote | BRVM
Categories: Economy/Forex

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The first three quarters of 2019 were marked by high volatility in rubber prices on the international market. From 1.286 dollars per kilogram at the beginning of January, rubber prices experienced a slight upward phase to remain between April and June, around an average of 1.510 dollars per kilogram, before falling back to reach 1.285 at the end of September 2019.

Rubber turnover is up by XOF 10.554 million or 12% compared to the third quarter of 2018.

Profit from ordinary activities is up 618% compared to 2018.

The net result stands at 1,220 billion FCFA, an increase of 302% compared to 2018.

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