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  Unity Bank Declares N2.2bn Profit In Q3 2022

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button