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The Okomu Oil Palm Company Plc (Nigeria)

Main Activities: Oil Palm Tree Farming | Starch and Vegetable Fats and Oils Manufacturing
Full name: The Okomu Oil Palm Company Plc Profile Updated: October 28, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Activity: The Company engages in the development and management of oil palm and rubber plantations, as well as processing of palm oil, kernel and rubber in Nigeria. It offers palm oil, palm kernel oil, palm kernel cake, banga and rubber cup lumps and rubber slabs. The company sells its products directly to individual customers and industrial users. The company also develops rubber tree plantation.
Mission: To be Nigeria's leading agro-business, through the efficient and effective management of our various plantations by ahighly motivated workforce, working in harmony with our stakeholders, and continuously returning favorable results to our stakeholders
.
HISTORY:
3rd December, 1979: The Company was incorporated as a private limited liability company.
19th September, 1997: It was converted to a public limited company.
March 11, 1991: The Company was listed On Nigerian Stock Exchange.

Headquarters
Okomu Oil Palm Estate, Okomu-Udo, Ovia South West Lg.A
Benin City; Edo;

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Website: http://www.okomunigeria.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1979
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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37.06%
Company Performance
Financial values in the chart are available after The Okomu Oil Palm Company Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency NGN. Absolute financial data is included in the purchased report.
Net sales revenue
84.75%
Total operating revenue
84.75%
Operating profit (EBIT)
26.54%
EBITDA
50.27%
Net Profit (Loss) for the Period
24.67%
Total assets
36.87%
Total equity
17.86%
Operating Profit Margin (ROS)
-18.7%
Net Profit Margin
-12.98%
Return on Equity (ROE)
2.41%
Debt to Equity Ratio
-9.2%
Quick Ratio
0.12%
Cash Ratio
0.16%

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