Earnings Flash | OKOMU OIL Plc FY:2016

Okomu Oil released their 2016 financial. see highlight below

Earnings Flash | OKOMU OIL PALM COMPANY PLC FY-2016 Results
Financial Highlights (N'Mn)
Headlines	FY- 2016	FY- 2015	Change
Revenue	14,365	9,738	47.5%
Cost of sales	-3,569	-3,425	4.2%
Gross Profit	10,795	6,313	71.0%
Operating Profit	6,952	3,278	112.1%
Net Finance income	-1,045	-380	175.4%
Profit/Loss Before Tax	5,906	2,899	103.8%
Taxation	-996	-239	316.8%
Profit/Loss After Tax	4,910.3	2,659.6	84.6%
Cash and cash equivalents	3,198	906	253.2%
Trade & Other Receivables	506	379	33.3%
Trade & Other Payables	756	68,366	-98.9%
Net Assets	17,012	12,045	41.2%
Gross Margin	75.2%	64.8%	10.3%
Net Margin	34.2%	27.3%	6.9%
Cost to Sales	24.8%	35.2%	-10.3%
Price(N)	49.9
EPS(N)	5.1
BVPS(N)	17.8
P/E(X)	9.7
P/BV(X)	2.8
ROAE	33.8%