OKOMUOIL Declares N7.8bn PAT in 2020 Audited Results, Proposes N7.00K Final Dividend;(SP:N90.00k)

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Thursday, April 22, 2021 / 1:52PM /by NGX Group Header Image CreditOkomu Oil Palm


Okomu Oil Plam Company Plc released its 2020 Audited results for the period ended December 31st, 2020.


Key Highlights

  • Revenue grew by 24% to N23bn from N19bn in the previous quarter.

  • Profit before tax grew by 17.6% to N8.8bn.

  • Profit after tax grew by 54% to N7.8bn.

  • Net Assets grew by 19% from N29bn to N35bn.


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