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Okomu Oil Palm Company Plc  released its financial results for the 6 months ended June 2015. The result showed that pre-tax profits rose by 23% from N1.7billion in June 2014 to N2.1billionn in June 2015. The Profit after tax was more impressive as it rose 30% from N1.4billion in 2014 to N1.8billion in 2015.

See summary of result below…

Okomu Oil Half Year 2015 2014 % Change
N’bn N’bn
Revenue 4,991 4,869 2.51%
Gross Profit 4,267 4,291 -0.56%
Operating Expenses -1,919 -2,420 -20.70%
Pre-tax profits 2,139 1,730 23.64%
Profit After Tax 1,842 1,415 30.18%
Current Share Price  19.60

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