Ivory Coast's Saph 2012 net results down nearly 54 percent

Newswire

ABIDJAN, April 30 (Reuters) - Ivory Coast natural rubber producer Saph reported net profits of 21.07 billion CFA francs ($42.08 million) in 2012, down nearly 54 percent from 45.62 billion CFA in 2011, the company said. Turnover slipped to 172.96 billion CFA francs from 194.54 billion in 2011, according to a financial report posted on the website of West Africa's BRVM regional bourse on Tuesday. The company said last year that 2012 earnings were being affected by ...

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