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.