The subsidiary of the Anglo-Dutch Shell group, Vivo Energy C, was sanctioned on the Regional Securities Exchange (BRVM) in early February 2021. And for good reason, the company has published disappointing figures for the first 9 months of 2020

Referring to the Covid-19 crisis, Vivo Energy CI officials published disappointing figures that cost them dearly. The company in charge of distributing petroleum products to the general public had a difficult start to February 2021 on the BRVM where it is listed. The value of its share accumulated a loss of 6.98% over the period. A consecutive decline of 0.77% between January 25 and 29, 2021.
At the end of its third quarter of 2020 ending at the end of September, Vivo Energy Côte d'Ivoire announced a turnover of 233.5 billion FCFA, down 11% compared to that of the same period in 2019. This drop comes as the company experienced its second-largest weekly transaction since November 16, 2020.
Operating income fell 4 times more than sales revenue (-48%) over the period under review, to only 2.8 billion FCFA. In addition, net profit fell by 51%