Okomu Oil Palm Plc reported a topline growth of 18.1 7 % YoY in Q1:2023 to NGN24.21bn (vs. NGN20.49bn in Q1:2022). This was propelled by the sales of Crude Palm Oil (+14.63% YoY), contributing 94.11% to the total revenue. Conversely, revenue from rubber sales, which contributed 5.89% to the total revenue, declined by 11.54% YoY.
You May Also Like
Earnings Update | GUARANTY | Q1:2020
- April 29, 2020
Guaranty Trust Bank Plc (GUARANTY)’s Q1:2020 performance revealed a stronger than expected growth in gross earnings (2.30% YoY),…
Earnings Update | ACCESSCORP | H1:2022 Profitable Half-Year Despite Biting Costs
- October 11, 2022
Access Holdings Plc (ACCESSCORP),recorded a 31.31% YoY growth in gross earnings to NGN591.69bn in H1:2022. The company’s topline…
Earnings Update | WAPCO | 2020FY
- April 6, 2021
Lafarge Africa Plc. (WAPCO) made an impressive comeback in 2020, retuning to growth after two consecutive years of…
Earnings Update – GLAXOSMITH 2022FY GLAXOSMITH Delivers Impressive Outing
- April 25, 2023
Following two (2) years of sluggish revenue performance, GlaxoSmithKline Consumer Plc (GLAXOSMITH) ended 2022FY with double digit topline…
Earnings Update | MANSARD | H1:2020
- August 18, 2020
AXA Mansard Insurance Plc. (MANSARD) recorded a marked YoY growth of 15.52% in H1:2020, as gross premium income…
Earnings Update – NASCON | NESTLE | CADBURY | UACN | UNILEVER | H1:2022 & FLOURMILL | Q1:2023
- August 25, 2022
NASCON’s revenue expanded by 43.01% YoY to NGN25.13bn in H1:2022 (vs.NGN17.57bn in H1:2021) anchored on improved volume growth…