The First Quarter report of Okomu Oil Palm Company Plc for the period ended 31 March 2021 shows growth in the Company’s topline and bottom line figures.
The company reported a turnover of N12.554 billion, up by 79.73% from N6.985 billion reported in Q1 2020.
Profit after tax grew by 159.9% to N5.271 billion from N2.028 billion reported in Q1 2020.
Earnings per share increased to N5.53 from the EPS of N2.13 achieved in Q1 2020.
At the share price of N95, the PE ratio of Okomu Oil stands at 17.19x with earnings yield of 5.82%.