Cote d’Ivoire: Brvm-Listed Sode Cote d’Ivoire First-Quarter Profit Rises 17 Percent

TLDR

• Société de Distribution d’Eau de la Côte d’Ivoire (BRVM: SDCC) reported first-quarter net profit of 604 million XOF ($1.05 million), up 17% from 504 million XOF ($873,000) a year earlier
• Revenue rose 8% to 41.64 billion XOF ($72.1 million) from 38.25 billion XOF ($66.2 million) in the same period last year
• The revenue growth stemmed from increased water billing volumes, fraud prevention efforts, new production facilities coming online, and improved billing ratios

Société de Distribution…