I. Coast's Saph 2011 net results up 40 percent


ABIDJAN, May 29 (Reuters) - Ivory Coast natural rubber producer Saph reported net profits of 45.62 billion CFA francs ($87.18 million) in 2011, up 40 percent from 32.51 billion CFA in 2010, the company said. Turnover increased to 194.54 billion CFA francs from 140.23 billion in 2010, according to a financial report posted on the website of West Africa's BRVM regional bourse on Tuesday. ($1 = 523.2590 CFA francs) (Reporting By Loucoumane Coulibaly; Editing by Joe Bavier)

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