Okomu Oil grows half year profit by 138% to N9.54 billion.

Okomu Oil Palm Plc released its unaudited financial results for the period ended June 30, 2021.

  • Turnover for the period was N23.63 billion. (+74.7% YoY)
  • Cost of sales was N1.94 billion. (+79.3% YoY)
  • Net operating expenses were N9.16 billion. (+38.05% YoY)
  • Total net assets for the period stood at N37.8 billion.
  • Profit for the period was N9.54 billion. (+138% YoY)
  • Earnings per share of N10 Vs N4.20 YoY

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