The second quarter of 2020 follows the trend of the last quarter of 2019, with the continuation of the “Electricité Pour Tous” program and the HTA network installation project in the city of Abidjan which continue to boost local sales of SICABLE. Export sales, for their part, fell to near zero, mainly due to border closures caused by the COVID-19 pandemic. Thus, Revenues increased by 71.2% to XOF 10.45 billion against XOF 6.11 billion in H119, mainly driven by trading sales (+124%).
Hudson is an integrated securities firm, member of the West Africa regional stock exchange (BRVM) that offers a large array of financial services including brokerage, custody, sell-side research, investment management, investment banking and advisory, issuer services. Hudson's African and International client base includes governments, financial institutions, high net worth individuals, and corporate from various industries.
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