Okomu Oil Palm Plc released its full-year audited results for the year ended 31st December 2020.
- Revenue for the year was N23.4 billion. (+24% YoY)
- Cost of raw materials and consumable was N5.29 billion. (+22% YoY)
- Administrative expenses totaled N4.05 billion. (+32% YoY)
- Profit on continuing operations after tax was N7.8 billion. (+54% YoY)
- Earnings per share of N8.16 Vs N5.29 YoY.
- Net assets per share was N36.46
- A dividend of N7 was proposed by the Board.
See link to results.