{"id":233127,"date":"2026-05-13T16:05:13","date_gmt":"2026-05-13T14:05:13","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/ivory-coast\/cote-divoire-ivorian-tobacco-maker-sitab-sees-higher-revenue-lower-profits-in-2025\/"},"modified":"2026-05-13T16:05:13","modified_gmt":"2026-05-13T14:05:13","slug":"cote-divoire-ivorian-tobacco-maker-sitab-sees-higher-revenue-lower-profits-in-2025","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/ivory-coast\/cote-divoire-ivorian-tobacco-maker-sitab-sees-higher-revenue-lower-profits-in-2025\/","title":{"rendered":"Cote d&#8217;Ivoire: Ivorian Tobacco Maker Sitab Sees Higher Revenue, Lower Profits in 2025"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"37\">Societe Ivoirienne des Tabacs (<a href=\"https:\/\/dabafinance.com\/en\/capitalmarkets\/STBC\" target=\"_blank\" rel=\"noopener\">BRVM: STBC<\/a>) posted higher revenue but lower profits in 2025, as a steep rise in excise duties ate into margins &#8212; and then distributed virtually everything it earned back to its British parent.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"74\">Revenue rose 25% to 268 billion FCFA ($479.2m), driven by price increases that followed a government-mandated hike in tobacco taxes at the start of the year. But those same taxes pushed up production costs faster than selling prices, squeezing the gross margin. Net profit fell&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202605110968.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>Societe Ivoirienne des Tabacs (BRVM: STBC) posted higher revenue but lower profits in 2025, as a steep rise in excise duties ate into margins &#8212; and then distributed virtually everything it earned back to its British parent. Revenue rose 25% to 268 billion FCFA ($479.2m), driven by price increases that followed a government-mandated hike in [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":233128,"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":[258,256,5958,6183,6555,5959,8056,6800,1218,5055,257,10139,7343,10159,54384,254,4456],"class_list":["post-233127","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ivory-coast","tag-africa","tag-africa-news","tag-cote","tag-cote-divoire","tag-cote-divoire-news","tag-divoire","tag-higher","tag-ivorian","tag-ivory-coast-news","tag-maker","tag-news","tag-profits","tag-revenue","tag-sees","tag-sitab","tag-south-africa-today","tag-tobacco"],"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\/233127","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=233127"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/233127\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/233128"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=233127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=233127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=233127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}