Okomu Oil Palm Company Plc Reports 49% Growth in Q3 Pretax Profit to ₦17 Billion
Okomu Oil Palm Company Plc recorded a significant 49% year-on-year growth in pretax profit to ₦17.05 billion in the third quarter of 2025. The company's unaudited financial statement showed a 52.3% increase in turnover to ₦44.12 billion, with profit after tax rising to ₦12.80 billion.
Dr. Graham Hefer, the Managing Director, highlighted the company's focus on efficiency, local value creation, and cost containment strategies to sustain margins amidst inflationary pressures.
Plus234Feed summary based on reporting from The Will. Read the original report below.
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