Okomu Oil palm in its fourth quarter report for the period ended, December 31, 2019 posted a turnover of N19.6 billion, down by 3.24% away from the previous turnover of N20.26 billion in the corresponding period in 2018.
Profit before Tax declined by 22.82% to close at N7.98 billion from the previous close of N10.34 billion.
Profit after Tax was down by 35.25%, closing the year 2019 at N5.5 billion from the previous close of N8.5 billion in 2018.
The Earnings per Share (EPS) of the firm stands at N5.77, down by 35.25% from the previous EPS of N8.91.
With reference to the share price of N68, the P.E ratio of Okomu Oil stands at 11.79x with earnings yield of 8.49%.