Okomu Oil N3.98 billion pretax profit for Q1

Okomu Oil

One of the largest oil palm producers in Nigeria, Okomu Oil Palm Company Plc said it made a pretax profit of N3.98 billion for the first quarter of the year.

The company’s result is almost stagnant given that it made a pretax profit of N3.39 billion within the same period last year.

Total group revenue for the period was N7.34 billion compared to N5.9 billion posted in the year before.

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