okomu oil palm plc (OKOMUOIL) Snapshot

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okomu oil palm plc (OKOMUOIL) Details

Okomu Oil Palm Company Plc engages in the cultivation of oil palm and rubber in Nigeria. The company processes fresh fruit bunches into crude palm oil for resale; and rubber lumps to rubber cake for export. It offers crude palm oil, palm kernel oil, palm kernel cake, banga oil, and rubber products. The company was founded in 1976 and is based in Benin City, Nigeria. Okomu Oil Palm Company Plc is a subsidiary of SOCFINCO FR SA.

491 Employees
Last Reported Date: 03/29/19
Founded in 1976

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okomu oil palm plc
the Okomu Oil Palm Company plc Reports Earnings Results for the First Quarter Ended March 31, 2019

The Okomu Oil Palm Company Plc announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was NGN 4,220.458 million compared to NGN 7,342.209 million a year ago. Net income was NGN 1,006.901 million compared to NGN 3,473.327 million a year ago. Basic earnings per share was NGN 1.06 compared to NGN 3.64 a year ago.


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Valuation OKOMUOIL Industry Range
Price/Earnings 8.4x
Price/Sales 2.5x
Price/Book 1.7x
Price/Cash Flow 6.8x
TEV/Sales 2.2x

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