The company Dekel Agri-Vision, which specializes in palm oil in Ivory Coast, today announced record results in the 1 st half of 2021 with a rise in turnover of 40.9% (compared to 1 st half of 2020) to € 21.7 million and a 400% jump in net profit to € 2 million.
Excellent results driven by palm oil prices at their highest for 10 years. So on the 1 st half, the average selling price of crude palm oil (CPO) rose 35.7% to stand at € 817 per tonne. Gains in value but also, to a much lesser extent, in volume for Dekel Agri-Vision with an increase in sales of 3.2% to 24,784 tonnes. CPO production also increased by 11% to 26,515 tonnes with an extraction rate of 21.4% but a lower oil content in the fresh fruit bunches (FFB).
Dekel Agri-Vision PLC (LON:DKL) aspires to become a leading agro-industrial company in West Africa, one that creates value for shareholders whilst at all times placing the interests of the local communities and environment in which it operates in at the heart of its operations.
