Operating profit rose 67% to 7.54 billion FCFA, aided by higher sales and controlled operating expenses. However, financial results deteriorated, with a 121% decline in financial income to -3.08 billion FCFA, attributed to increased bank overdraft usage and higher financial costs. Net income grew 63% year-over-year to 2.85 billion FCFA, up from 1.75 billion FCFA.
Vivo Energy began the year with a share price of 790 XOF and has since gained 15.2% on that price valuation, ranking it 17th on the BRVM in terms of year-to-date performance.
