October 30, 2023/CSL Research Okomu Oil Palm Plc (OKOMUOIL) in its 9M 2023 results reported a 20.9% y/y growth in Revenue to N60.65bn from N50.18bn (9M 2022). Also, on a q/q basis, Revenue increased, up 22.3% in Q3 2023 to N20.05bn from N16.39bn recorded in Q2 2023. We opine that […]
Results & Dividends
Guinness Nigeria Plc Q1-2024 Earnings Update
October 30, 2023/United Capital Guinness Nigeria Plc (“the Brewer” or “the company”) recorded a decent top line in its financial period Q1-2024 (July to September 2023) despite the challenging macroeconomic environment, which was further impacted negatively by the policy shifts of the Federal Government (FG). The lower purchasing power of […]
The OKOMU Oil Palm Plc Q3-23: Strong Topline Growth, Higher Margins Drives Earnings
October 30, 2023/Cordros Report The OKOMU Oil Palm Plc (OKOMUOIL) published its Q3-23 unaudited results today (30 October), reporting a solid 289.2% y/y growth in PAT to NGN1.60 billion (Q3-22: NGN1.21 billion), translating to an EPS print of NGN4.95 (Q3-22: NGN1.27) owing to the strong revenue growth (+112.8% y/y) in […]

