Ivory Coast's Bollore Africa Logistics 2014 net profit down 34 pct

Reuters

ABIDJAN (Reuters) - Ivory Coast shipping company Bollore Africa Logistics reported a 34 percent drop in 2014 net profits of 6.47 billion CFA francs ($11 million), the company said on Wednesday. The company, a subsidiary of French industrial group Bollore, did not give a reason for the drop in profits. Turnover fell to 75.11 billion CFA francs last year, compared with 75.35 billion in 2013, it said in statement on the website of West Africa's BRVM Bourse website. ($1 = 603.5700 CFA francs)