Profit Projection for H2 2025: Okomu Oil has projected a combined net profit of ₦5.46 billion for the third and fourth quarters of 2025. This would bring its full-year earnings to a record high of ₦52.96 billion, a significant jump from 2024.
Source: https://businessday.ng/companies/article/okomu-oil-profit-to-hit-n5-46bn-in-h2-nearly-9-times-lower-than-h1/
Strong Q2 2025 Results: The company reported a pre-tax profit of ₦34.84 billion for Q2 2025, an impressive 459% increase year-on-year, driven by a 128% surge in revenue.
Source: https://nairametrics.com/2025/07/24/okomu-oil-beats-forecast-as-profit-soars-459-to-n34-841-billion-in-q2-2025/
FY 2024 Profit Surge: The company recorded its highest-ever net profit of ₦39.9 billion in 2024, a 94% increase from the previous year.
Source: https://nannews.ng/2025/05/22/okomu-oil-palm-records-n39-9bn-profit-in-2024/
Efficient Operations: Recent analysis highlights that while a key competitor leads in revenue, Okomu Oil stands out for its better operational efficiency, lower leverage, and faster profit growth.
Source: https://nairametrics.com/2025/08/21/who-leads-the-palm-oil-sector-presco-plc-vs-okomu-oil/
Sector-Wide Bullish Forecast: A recent report by Afrinvest West Africa projects that Nigeria's leading palm oil producers, including Okomu Oil, will see their combined profit after tax (PAT) surge by 36.8% in 2025. This positive forecast is based on an anticipated global rise in Crude Palm Oil (CPO) prices to $1,200 per metric tonne by the end of 2025.
Source: https://businessamlive.com/okomu-presco-to-post-n161bn-profit-in-2025-as-palm-oil-prices-climb/
Strong H1 2025 Performance: The company's unaudited results for the first half of 2025 were exceptional, with profit before tax (PBT) reaching ₦67 billion, a 129% increase from H1 2024. Revenue for the period also saw a significant increase to ₦129.83 billion.
Source: https://www.proshare.co/articles/okomu-oil-palm-plc-declares-n47.54bn-pat-in-h1-2025-unaudited-results-sp-n998.00k