January 29, 2024/CSL Research Okomu Oil Palm Plc (OKOMUOIL) in its full year 2023 unaudited results reported an impressive 26.9% y/y growth in Revenue to N74.98bn from N59.25bn (FY 2022). On a q/q basis, Revenue declined, down 28.5% in Q4 to N14.34bn from N20.05bn recorded in Q3 2023. Though we […]
Results & Dividends
Elevated Net Operating Losses and Finance Expenses Clamp Down Profits
January 29, 2024/CSL Research Flour Mills Nigeria Plc. (Flourmill) has had a steady growth in its turnover with a five year Compounded Annual Growth Rate (CAGR) of 38.4%. In 9M 2024, Flourmill’s revenue grew by 39.97% y/y to N1.56tn in 9M 2024 (ended 31-December-2023) from N1.11tn in 9M 2023 (ended […]
Flour Mills of Nigeria Plc | Q3-24 | First Glance: Earnings Supported by Robust Revenue Performance
January 29, 2024/Cordros Report Flour Mills of Nigeria Plc (FLOURMILL) published its Q3-24 unaudited result after market close on Friday (26 January), reporting standalone EPS of NGN2.65 (Q3-23: NGN0.90) underpinned by solid revenue growth of 51.1% y/y. Meanwhile, the 9M-24 EPS settled at NGN0.22 (NGN2.87), impacted by the weak performance […]
