Cote d’Ivoire: Palmci Revenue Rises but Profit Slips As Input Costs Bite

PALMCI, the Abidjan-based palm oil producer listed on the BRVM, grew revenue by nearly 15% in fiscal 2025 to XOF 197.6bn ($347.1M), driven by stronger sales of manufactured products and accessory income. But higher costs ate into the bottom line, and net profit slipped to XOF 15.5bn ($27.2M) from XOF 15.9bn ($27.8M) a year earlier.

Raw material purchases were the main drag, rising more than 50% year-on-year and compressing value added and operating margins across the board. Personnel costs also…