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% […]
Results & Dividends
The OKOMU OIL Palm Plc Q4-23: Stronger Revenue Spurs Earnings Expansion
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% […]
Flour Mills Continues to Deliver Robust All-Around Performance in 3Q24
FSDH Initial Reaction: Flour Mills 3Q24 results Kindly click here to download the report. January 30, 2024/FSDH Research Key Performance Highlights: Flour Mills maintained its robust top-line performance in 3Q24 as the Company recorded a solid 51.1% YoY jump in revenue to N594.6 billion. The significant growth was primarily driven […]
