Okomu Oil Plc reports 132% growth in PAT for nine months ended 30th September, 2021

Okomu Oil Plc released its unaudited financial results for the nine months period ended 30th of September 2021.

• Revenue during the period was N31.05 billion. (+66.73% YoY)
• Cost of sales for the period was N3.16 billion (+46.21% YoY)
• Gross profit stood at N27.89 billion. (+69.43% YoY)
• Operating profit for the period was N14.88 billion. (+104.97% YoY)
• Profit before tax of N14.82 billion was recorded during the period.
• Profit for the period stood at N11.60 billion (+132.14% YoY)
• Total assets during the period stood at N60.50 billion. (+5.49bn YtD)
• Earnings per share of N12.16 Vs N5.24 YoY.

See full result here