Analyst: Abigail Alabi* Target price: ₦272.24 Rating: BUY OKOMUOIL released its 9M’23 earnings results, reporting a strong PAT growth of 16% y/y to ₦20 billion, which was bolstered by strong sales in the domestic and foreign markets. Unabating cost pressures drag margins For the Q3’23 period, revenue increased by 113% y/y to ₦20 billion. This…
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