Benso Oil Palm Plantation Limited Announces Earnings Results for the Year Ended December 31, 2017
Benso Oil Palm Plantation Limited announced earnings results for the year ended December 31, 2017. For the year, the company reported revenue was GHS 89,973,000 compared with GHS 74,278,000 a year ago. Profit before income tax was GHS 12,803,000 compared with GHS 10,706,000 a year ago. Profit for the period was GHS 10,921,000 compared with GHS 8,090,000 a year ago. Capital expenditure was GHS 6,632,000 compared with GHS 14,069,000 a year ago. Earnings per share were GHS 0.3138 compared with GHS 0.2325 a year ago. Operating profit was GHS 12,426,000 compared with GHS 10,177,000 a year ago. Net cash generated from operating activities was GHS 7,073,000 compared with GHS 13,928,000 a year ago. Purchase of property, plant and equipment was GHS 6,632,000 compared with GHS 13,461,000 a year ago.