Nigeria, Jan. 31 -- Okomu Oil Palm Company recorded a 63.6 per cent improvement in net profit last year, compared to 2024, helped by a surge in domestic sales, according to its latest unaudited earnings report issued on Friday.

Revenue for the agro-processing company, whose activities encompass oil palm plantation development, palm oil milling, palm kernel processing and rubber plantation development, climbed more than half up to N198.2 billion, with exports contributing 12.9 per cent.

Price surges in the global crude palm oil market during 2025, aided by growing demand, had brightened the prospects of earnings boost for Nigerian oil palm companies, with Cardinalstone projecting last October that the firm would sustain strong earnings m...