July 31, 2017/InvestmentOne Research

Okomu oil released its Q2 2017 results earlier today.

Please find key highlights of the Q2 2017 results below:

·         Revenue  of N6.6bn, up  +11.6% q/q; +51.7% y/y

·         Profit before tax of N4.4bn, up +30.1% q/q; +89.6% y/y

·         Profit after tax of N3.2bn, up +3.1% q/q; +96.2% y/y

Please click to download a copy of the financial statements.