OKOMUOIL Declares N5.1bn PAT in 2019 Audited Results; (SP:N55.05k)

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Tuesday, April 28, 2020 / 1:05 PM / by NSE / Header Image Credit: Okomu Oil 


Okomu Oil Palm Company Plc released its 2019 Audited results for the period ended December 31st, 2019.


Key Highlights

  • Revenue declined by -6.9% to N18.9bn from N20.3bn in the previous quarter.

  • Profit before tax declined by 27.2% to N7.5bn.

  • Profit after tax declined by 40.6% to N5.1bn.

  • Net Assets grew by 2.3% to N29.2bn from N28.5bn.

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