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I.Coast utility CIE says 2012 profit up 32 pct
April 8, 2013 / 12:56 PM / 4 years ago

I.Coast utility CIE says 2012 profit up 32 pct

ABIDJAN, April 8 (Reuters) - Ivory Coast electric utility CIE recorded a 2012 net profit of 8.39 billion CFA francs ($16.66 million), up from 6.35 billion CFA francs the previous year, according to an announcement in the state-owned newspaper Fraternite Matin on Monday.

Turnover for the company, partly owned by French industrial group Bouygues, was 324.60 billion CFA francs in 2012, up from 265.28 billion a year before. ($1 = 503.7300 CFA francs) (Reporting by Loucoumane Coulibaly; Editing by Joe Bavier)

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