BUSINESS

Indigenous Oil Palm Company, Okomu Grows Profit By 115.51% In Q2 2021

 

Okomu Oil Palm Company Plc, has released its earnings  financial statement for second quarter ended June 30, 2021 with 115.51% jump in profit to N4.265 billion from N1.979 billion in Q2 2020.

Turnover for the Q2 rose to N11.073 billion from N6.542 billion in 2020.

The company is a Nigeria-based company with interest in cultivation of oil palm, processing of fresh fruit bunches into crude palm oil for resale, rubber plantation and processing of rubber lumps to rubber cake for export.

ALSO READ  Heritage Bank Keep Mum About Andy Ubah's Debt

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button