Okomu Oil Reports 69% Profit Surge to ₦90.6bn in 2025

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In its latest audited full-year report, Okomu Oil Palm Company Plc posted a pre-tax profit of ₦90.6bn for the year ended December 31, 2025. This represents a 69.3% increase over the ₦53.5bn recorded in 2024. Revenue growth was the key driver, with turnover from palm products, oil processing and rubber rising 52.2% to ₦198.1bn. Domestic operations generated ₦172.6bn, while exports contributed ₦25.5bn. The board has declared a final dividend of ₦15 per 50 kobo share, payable on May 26, 2026, to shareholders on the register as of April 27, 2026.

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