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Investment : SODECI's stock market capital gain close to 400%.

02/06/2022
Categories: Companies

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The Société de distribution des eaux de Côte d'Ivoire (SODECI) is recording good performances which position it for a new growth of its value on the BRVM.

The shares held by shareholders have now reached 390%. This indicator represents the difference in progression between the value of the company in 2003 (995 FCFA) and that of today (4880 FCFA, i.e. approximately $8). SODECI's share price continues to rise in 2022, as it did three years ago. On Tuesday, May 31, it showed a progression of 13%. It is far from the 43.65% growth recorded in 2021, but the level of 6.8% growth of the year 2020 is already exceeded.

Its net profit for the first quarter (January-March 2022) is reported to be up 27% compared to the same period in 2021. It has passed the historic level for a quarter, the billion FCFA.

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