Ferme Suisse net income up over 150% in 2013

The net profit after tax of Swiss Farm, (an agro-industrial company that operates palm oil in the Littoral Region), peaked by 385.8 million CFA francs as at 31 December 2013, as indicated in the released financial statement of the company.

According to official figures, this corresponds to an increase of over 150%; comparatively the same as the 2012 results which was 145.9 million CFA francs.

According to an expert in the sector, the origin of this substantial increase in profits, is the rising prices of palm oil on the international market, especially in the second half of 2013.