{"id":232544,"date":"2026-05-07T03:47:32","date_gmt":"2026-05-07T01:47:32","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/ivory-coast\/cote-divoire-saph-first-quarter-profit-collapses-on-port-congestion-weak-prices\/"},"modified":"2026-05-07T03:47:32","modified_gmt":"2026-05-07T01:47:32","slug":"cote-divoire-saph-first-quarter-profit-collapses-on-port-congestion-weak-prices","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/ivory-coast\/cote-divoire-saph-first-quarter-profit-collapses-on-port-congestion-weak-prices\/","title":{"rendered":"Cote d&#8217;Ivoire: Saph First-Quarter Profit Collapses On Port Congestion, Weak Prices"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"55\">SAPH (<a href=\"https:\/\/dabafinance.com\/en\/capitalmarkets\/SPHC\" target=\"_blank\" rel=\"noopener\">BRVM: SPHC<\/a>), the Abidjan-based rubber processor and subsidiary of the SIFCA Group, posted net profit of 2.6 billion FCFA ($4.7 million) in the first quarter of 2026, down 78% from 11.8 billion FCFA ($21.1 million) in the same period of 2025 &#8212; one of the sharpest earnings drops among BRVM-listed industrials this reporting season.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"47\">Revenue fell 24% to 71.8 billion FCFA ($128.3 million). The company identified two drivers: volumes sold dropped 11% because congestion at the port of San Pedro&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202605050781.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 West Africa <a title=\"Ivory Coast\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/west-africa\/ivory-coast\/\">C\u00f4te d\u2019Ivoire (Ivory Coast)<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SAPH (BRVM: SPHC), the Abidjan-based rubber processor and subsidiary of the SIFCA Group, posted net profit of 2.6 billion FCFA ($4.7 million) in the first quarter of 2026, down 78% from 11.8 billion FCFA ($21.1 million) in the same period of 2025 &#8212; one of the sharpest earnings drops among BRVM-listed industrials this reporting season. [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":232545,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[1087],"tags":[258,256,11333,16101,5958,6183,6555,5959,51236,1218,257,7137,10246,15693,51235,254,13849],"class_list":["post-232544","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ivory-coast","tag-africa","tag-africa-news","tag-collapses","tag-congestion","tag-cote","tag-cote-divoire","tag-cote-divoire-news","tag-divoire","tag-firstquarter","tag-ivory-coast-news","tag-news","tag-port","tag-prices","tag-profit","tag-saph","tag-south-africa-today","tag-weak"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/232544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=232544"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/232544\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/232545"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=232544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=232544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=232544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}