Compagnie Ivoirienne d’Électricité (CIE), a utility listed on the West African regional stock exchange (BRVM), reported consolidated net profit of CFAF5.69 billion for the first half of 2026, up 16.9% from a year earlier. Consolidated revenue reached CFAF141.51 billion, compared with CFAF138.24 billion in the corresponding period of 2025, according to the report released through the stock-market disclosure channel on October 29.
Operating earnings grew much faster than sales. Consolidated operating profit rose 23.1% to CFAF10.50 billion from CFAF8.53 billion in the first half of 2025. Net financial costs remained negative at CFAF2.43 billion, while income tax expense amounted to CFAF2.38 billion. On a separate, individual-company basis under the revised SYSCOHADA accounting framework, net profit increased 4.8% to CFAF5.34 billion.
Domestic electricity sales drive volumes
CIE sold 7,280 gigawatt-hours (GWh) of electricity in the first six months of the year, an 8.8% increase from the same period of 2025. Domestic sales rose 10% to 6,867 GWh, while electricity exports fell 7.6% to 413 GWh.
The customer base expanded 13.3% year on year to 5.54 million at the end of June, an increase of about 651,000 customers. New connections nevertheless slowed: the utility completed 50,324 standard connections and 199,923 under the Electricity for All Programme (PEPT), with each category down 15.6%.
Average outage duration increases
On service quality, the average outage duration reported by the utility increased to 14 hours and 16 minutes from 11 hours and 36 minutes in the first half of 2025. Management said corrective maintenance work had been undertaken on distribution networks to address supply interruptions during the period.
The company expects connections to pick up in the second half of 2026 under its revised timetable.