January 30, 2024/Futureview Research FCMB’s Full-Year 2023 Financial Results, released on January 26, 2024, revealed an impressive 83% surge in Gross Earnings to N516.79 billion. This growth was driven by a substantial 1613% increase in other revenue, along with a solid 62% rise in interest income and a notable 38% […]

FSDH Initial Reaction: Okomu Oil FY23 results Kindly click here to download the report. January 30, 2024/FSDH Research Key Performance Highlights: Okomu Oil reported strong FY23 numbers, with continued momentum as sales doubled to N75.0 billion from N37.4 billion in the last two years. However, revenue growth lowered to 26.6% […]

January 30, 2024/Cordros Report The Okomu Oil Palm Plc (OKOMUOIL) published its Q4-23 unaudited results yesterday (January 29), reporting a standalone EPS of NGN0.26 (vs loss per share of NGN0.79 in Q4-22), bringing 2023FY EPS to NGN22.19 (2022FY: NGN18.17). We attribute the improved earnings to the sturdy revenue growth (+58.2% […]