OKOMUOIL Declares N2bn PAT in Q1 2020 Results (SP:N55.05k)

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Thursday, April 30, 2020 / 12:58 PM / by NSE / Header Image Credit: Okomu Oil Palm


Okomu Oil Palm Company Plc released its Q1 2020 Unaudited results for the period ended March 31st, 2020.


Key Highlights

  • Revenue grew by 65.5% to N7bn from N4bn in the previous quarter.

  • Profit before tax grew by 137.9% to N3bn.

  • Profit after tax grew by 101.4% to N2bn.

  • Net Assets grew by 6.9% to N31bn from N29bn.

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