WorldStage– The Okomu Oil Palm Company Plc has released its financial forecast for the fourth quarter of 2026, projecting a Profit After Tax (PAT) of ₦9.47 billion.
According to the official document submitted to the Nigerian Exchange (NGX) and signed by Chief Accountant Felix Odighizuwa and Managing Director Dr. Graham Hefer, the company expects total turnover to reach ₦40.53 billion for the period.
Key Financial Highlights (Q4 2026 Forecast)
Turnover: ₦40,531,734,000
Total Expenses: ₦26,778,821,000 (comprising Cost of Sales, Selling, General, and Administrative expenses)
Profit Before Taxation: ₦13,752,913,000
Forecast Taxation: ₦4,286,953,000
Profit After Taxation: ₦9,465,960,000
Cash Flow Outlook
Okomu Oil Palm projects operating cash flow from activities to stand at ₦5.84 billion. After accounting for working capital changes (-₦1.35 billion), the net cash flow from operating activities is forecasted at ₦4.49 billion.
Outflows for financing and investing activities are estimated at ₦8.65 billion and ₦3.30 billion, respectively. Despite these commitments, cash and bank balances are expected to grow from an opening balance of ₦7.09 billion to close the period at ₦9.09 billion.
This quarterly outlook follows a resilient half-year performance for the company. While H1 2026 revenue stood at ₦125.29 billion with a net profit of ₦39.73 billion, Okomu continues to maintain strong cash reserves and positive working capital despite broader macroeconomic and cost pressures in the agricultural sector.
