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 |
