March 23, 2017/WACOT Mill Thursday, March 24, 2017: The food security and youth employment goals of the federal government is receiving major support with the establishment of a rice processing mill with 120,000 metric tonnes capacity in Argungu, Kebbi State by WACOT Rice Limited, a member of the TGI Group. […]
Business News
Okomu Oil Palm Plc – Price Action Pumps Up Earnings
Culled—Proshare 22/3/2017/ARM Research CPO price increase to drive strong 2016 sales close: 2016 has been a spectacular year for Okomu, with 9M 16 EPS already surpassing that of FY 15. The improved operating performance largely stemmed from higher CPO prices which drove overall revenue growth (+41% YoY), despite a 7% […]
PRESCO Plc: Producing Palm-Oil With Glamour
Culled—Proshare 22/3/2017/ARM Research CPO price boon drives top-line to record high: Presco, as the only integrated oil palm production company in Nigeria4 benefitted immensely from favourable pricing environment which underpinned a strong rise in both top-line and earnings. Importantly, Presco’s 9M 16 sales of N11.9 billion (+48.4% YoY) eclipsed previous […]
