Okomu Oil Palm Company Plc, a Nigeria-based company engaged in cultivation of oil palm, processing of fresh fruit bunches into crude palm oil for resale, rubber plantation and processing of rubber lumps to rubber cake for export has released its financial statement for the period ended September 30, 2020 with a decline in turnover for three months to N5.093 billion against N6.978 billion in 2019
However, the turnover for nine months of 2020 grew to N18.620 billion from N15.543 billion in 2019.
Profit after tax of the group for three months dropped by 37.33% to N991.691 million from N1.583 billion in 2019 despite that it increased for nine months to N4.999 billion from N4.112 billion in 2019.
