Culled—Proshare March 28, 2018/FBNQuest Research Event: Okomu Oil reports Q4 2017 results Implications: Modest revisions to consensus estimates likely Positives: PBT and PAT up 147% y/y and 222% y/y respectively Negatives: Limited This morning, Okomu Oil (Okomu) reported its Q4 2017 results which showed that sales grew by 7% y/y […]
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Nigerian Equities Market Sustain Bearish Momentum, Sheds 1.07% on Sell-Offs in Bellwether Stocks
March 28, 2018/InvestmentOne Report Similar to the previous two trading sessions, the Nigerian equities closed down by 1.07% in today’s trading session. Also, market breadth index ended negative with 18 advancers against 29 stocks that declined. GLAXOSMITH (+10.03%) topped the gainers chart while JAPAULOIL (-8.45%) had the worst performance. CHAMPION […]
Okomu Oil Reports N9.15 Billion Profit in 2017 End, Offer Investors N3.00 Dividend
By InvestAdvocate Lagos (INVESTADVOCATE)-Okomu Oil Palm Company Plc said on Wednesday its profit for the period ended December 31, 2017 rose 86.3 percent to N9.154.91 Billion from N4.91 billion declared a year ago. Pretax profit of the company grew 88.6 percent to N11.14 billion from N5.90 billion posted the same […]
