WorldStage Newsonline– Presco Plc, a Benin City based fully-integrated agro-industrial establishment with oil palm plantations, palm oil mill, palm kernel crushing plant and vegetable oil refining and fractionation plant has released its financial statement for the period ended September 2020 with revenue for nine months 2020 rising to N18.917 billion from N15.197 billion in 2019.
Revenue for three months ended September 30, 2020 rose to N5.459 billion from N4.793 billion in Q3 2019.
The profit for nine months 2020 rose rose by 53.37% to N5.030 billion from N3.217 billion in 2019.
However, the profit for three months dropped slightly by 0.30% to N640.369 million from N642.280 million in Q3 2019.
