The Okomu Oil Palm Company Plc reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was NGN 9,421.98 million compared to NGN 7,418.92 million a year ago. Net income was NGN 1,213.06 million compared to NGN 2,067.74 million a year ago. Basic earnings per share from continuing operations was NGN 1.27 compared to NGN 2.17 a year ago.
For the nine months, sales was NGN 50,179.02 million compared to NGN 31,045.62 million a year ago. Net income was NGN 18,050.69 million compared to NGN 11,603.53 million a year ago. Basic earnings per share from continuing operations was NGN 18.92 compared to NGN 12.16 a year ago.