Cote d’Ivoire: Ivorian Oil Producer Palmci Reports 32 Percent Revenue Growth in Q1 2025

TLDR

• PalmCI (BRVM: PALC), an Ivory Coast-based palm oil producer, posted revenue of 67.52 billion CFA francs ($117.3 million) for the first quarter of 2025
• Net profit rose 65% to 11.56 billion CFA francs ($20.1 million), compared to 6.99 billion CFA francs ($12.1 million) in Q1 2024
• The strong performance stems from higher crude palm oil prices, which increased 20%, and sales volumes, which grew 7%

PalmCI (BRVM: PALC), an Ivory Coast-based palm oil producer, posted revenue of 67.52 billion CFA…