Benso Oil Palm Plantation (BOPP) has reported a topline growth of 29.5%, against 20.9% in the same period of 2019, to GH¢123.82 million in 2020 on the back of higher palm oil prices emanating from increased demand from China and India as well as production squeeze arising from labor shortages in key producing countries in the midst of the COVID-19 pandemic.
Commodity data from the World Bank shows that the price of Crude Palm Oil (CPO) rose by 33.1% to US$ 1,016.37 per MT in 2020 while that of Palm Kernel Oil was up by 26.3% to US$ 1,224.87 per MT.
Although operating expenses grew by 16.6% in 2020, compared to 2.2% in 2019, to GH¢11.19 million in FY2020, the growth was still below revenue growth. This helped to reduce the operating expense ratio (operating expenses/revenue) by 100bps to 9.0% in 2020 from 10.0% in 2019.
BOPP’s profit margins were enhanced by the rise in revenue plus the drop in the operating expense ratio. Profit before tax jumped by 124.8% to GH¢ 29.39 million in 2020 while profit after tax surged by 155.8% to GH¢ 24.70 million in 2020. The PAT margin nearly doubled to 19.9% in 2020 from 10.1% in 2019.
Global palm oil prices are expected to remain very strong in 2021 on the back of anticipated weak production arising from unfavorable weather patterns in key producing countries.
In contrast, demand is expected to remain strong in 2021 on the back of sustained robust demand from China and India, and enforcement of higher biodiesel mandates in Malaysia and Indonesia.
In addition, anticipated disruptions to the supply of competing vegetable oils (soy, sunflower, and rapeseed) could lead to increased demand for palm oil, which could push prices up.
Source: Business 24
I have learn some excellent stuff here. Certainly value bookmarking for revisiting. I wonder how a lot effort you put to create one of these magnificent informative web site.
tadalafil 40 mg from india generic tadalafil united states
tadalafil daily use
prescription drugs online without doctor medications without a doctor’s prescription
meds without a doctor prescription medications without a doctor’s prescription
buy ed pills ed pills online
cheap ed pills
w88Honorable players and so expend their prison term attrition at the unjust organization to addition improvements or expend a wad of money.
w88The Forsaken Worldwide is ane of the upper side mechanical man apps.
w88Are you among those those WHO are trying to get the to the highest degree efficient site where you seat download PC halting?
100% completely free dating sites
dating sites free no registration
Hi there are using WordPress for your site platform?
I’m new to the blog world but I’m trying to get started and set up my own. Do you require any html coding expertise to make your
own blog? Any help would be greatly appreciated! asmr 0mniartist
I was suggested this website by my cousin.
I am not sure whether this post is written by him as no
one else know such detailed about my trouble. You’re amazing!
Thanks! asmr 0mniartist
I think the admin of this web page is in fact working hard in favor
of his web page, for the reason that here every stuff is
quality based data. asmr 0mniartist
Sorry baby
You could certainly see your skills in the
work you write. The world hopes for even more passionate writers
such as you who aren’t afraid to mention how they believe.
Always go after your heart. asmr 0mniartist
If some one wishes to be updated with most
recent technologies afterward he must be pay a visit this website and be up to date all the time.
0mniartist asmr
Hello there, just became alert to your blog through Google, and found that it is truly informative. I am going to watch out for brussels. I will appreciate if you continue this in future. Lots of people will be benefited from your writing. Cheers!
Hello! Do you know if they make any plugins to help with Search Engine Optimization? I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good gains. If you know of any please share. Thank you!
I go to see daily some web sites and websites to read articles or reviews, except this website provides feature based writing.
I seriously love your blog.. Excellent colors & theme.
Did you build this site yourself? Please reply back as I’m looking to create my own personal website and
would like to know where you got this from or exactly what the theme is
called. Thanks!
Ahaa, its good dialogue on the topic of this article here at this blog, I have read all that, so
now me also commenting here.
Ridiculous story there. What occurred after? Take care!
Thank you for some other excellent article. The place else may just anyone get that type of information in such a perfect manner of writing? I’ve a presentation next week, and I am at the search for such information.
At this time I am ready to do my breakfast, after having my breakfast coming yet again to read
more news.
Hello all, here every person is sharing these kinds of knowledge, so it’s nice to read this blog,
and I used to pay a quick visit this webpage every day.
Thank you for the good writeup. It actually was a amusement account it. Look advanced to far introduced agreeable from you! However, how could we keep in touch?
It’s actually very complicated in this active life to listen news on Television, so I just use
internet for that purpose, and take the most up-to-date information.
v9bet is my blog spot
v9bet is my blog spot
Hi there, i read your blog occasionally and
i own a similar one and i was just curious if you get a lot of spam remarks?
If so how do you stop it, any plugin or anything you can advise?
I get so much lately it’s driving me crazy so any assistance is very much appreciated.
12bet is my blog spot
This is really interesting, You’re a very skilled blogger. I have joined your feed and look forward to seeking more of your fantastic post. Also, I’ve shared your site in my social networks!
scoliosis
Unquestionably believe that which you stated. Your favorite
justification seemed to be on the internet the simplest thing to
be aware of. I say to you, I definitely get annoyed while people consider worries that they plainly do not know about.
You managed to hit the nail upon the top as well as defined out the
whole thing without having side-effects , people can take a
signal. Will probably be back to get more. Thanks scoliosis
https://afsgsdsdbfdshdfhdfncvngcjgfjghvghcgvv.com
Hi there, just became alert to your blog through Google, and found that it is really informative. I am gonna watch out for brussels. I will appreciate if you continue this in future. A lot of people will be benefited from your writing. Cheers!
scoliosis
Nice post. I learn something totally new and challenging on websites I stumbleupon on a daily basis.
It will always be useful to read articles from other
authors and practice a little something from other websites.
scoliosis
dating sites
Excellent post. I used to be checking constantly this weblog and I’m impressed!
Very useful information specifically the remaining part 🙂
I handle such information much. I used to be looking for this certain information for
a very lengthy time. Thanks and best of luck. free dating sites https://785days.tumblr.com/
dating sites
What’s up everyone, it’s my first pay a visit at this web site,
and article is in fact fruitful for me, keep up posting such
content. free dating sites
Nice post. I was checking constantly this blog and I’m
impressed! Extremely helpful information specially the last part 🙂 I care for such info a
lot. I was seeking this particular information for a long time.
Thank you and best of luck.
Hi there, I wish for to subscribe for this blog to take latest updates, so where can i do it please assist.
We wish to thank you yet again for the gorgeous ideas you gave Janet when preparing her own post-graduate research in addition to, most importantly, pertaining to providing many of the ideas within a blog post. If we had known of your web site a year ago, i’d have been rescued from the unnecessary measures we were choosing. Thank you very much.
Thanks for finally writing about > Benso Oil Palm Plantation benefits
from higher Crude Palm Oil prices. – Agri Ghana Online < Liked it!
I am regular reader, how are you everybody?
This article posted at this web page is genuinely pleasant.
Quality content is the key to invite the viewers to pay a quick visit the website, that’s what this web site is providing.
Thank you for the auspicious writeup. It in fact used to be a leisure account it. Glance complex to more added agreeable from you! By the way, how could we keep in touch?
I am not sure where you are getting your info, but good topic. I needs to spend some time learning much more or understanding more. Thanks for magnificent info I was looking for this info for my mission.
Right here is the perfect site for anyone who would like to
find out about this topic. You understand a whole
lot its almost hard to argue with you (not that I really
will need to…HaHa). You certainly put a brand new spin on a topic that
has been written about for decades. Wonderful stuff, just excellent!
Wow, marvelous blog layout! How long have you ever been blogging for?
you made running a blog look easy. The overall glance of
your web site is magnificent, as neatly as the content!
I was suggested this blog by my cousin. I am not sure whether this post
is written by him as nobody else know such detailed about my trouble.
You’re amazing! Thanks!
You really make it seem so easy with your presentation but
I find this matter to be really something that I think I would never understand.
It seems too complicated and very broad for me.
I am looking forward for your next post, I will try to
get the hang of it!
I really like what you guys are usually up too. Such clever work and reporting!
Keep up the fantastic works guys I’ve added you guys to my own blogroll.
This website is my aspiration, really superb style and design and Perfect content.
I’m not sure where you are getting your information, but great topic. I needs to spend some time learning much more or understanding more. Thanks for fantastic info I was looking for this information for my mission.
I’m really enjoying the design and layout of your website.
It’s a very easy on the eyes which makes it much more pleasant for me to come here and visit more often. Did you hire out a developer
to create your theme? Outstanding work!
We wish to thank you again for the stunning ideas you offered Janet when preparing her post-graduate research and, most importantly, pertaining to providing every one of the ideas in one blog post. In case we had been aware of your web page a year ago, we might have been kept from the useless measures we were participating in. Thank you very much.
We wish to thank you once more for the gorgeous ideas you offered Janet when preparing her post-graduate research plus, most importantly, for providing the many ideas in a single blog post. In case we had known of your site a year ago, we would have been kept from the unnecessary measures we were participating in. Thanks to you.
Thank you for every other magnificent post. The place else may just anybody get that type of info in such an ideal means of writing? I’ve a presentation subsequent week, and I am at the search for such info.
hey there and thank you for your info ? I?ve certainly picked up anything new from right here. I did however expertise some technical issues using this site, since I experienced to reload the web site lots of times previous to I could get it to load properly. I had been wondering if your web host is OK? Not that I’m complaining, but sluggish loading instances times will sometimes affect your placement in google and can damage your high quality score if advertising and marketing with Adwords. Anyway I?m adding this RSS to my email and can look out for much more of your respective exciting content. Make sure you update this again soon..
What’s up all, here every person is sharing these kinds of know-how, so it’s nice to read this webpage, and I used to pay a quick visit this weblog all the time.
Thanks for another wonderful article. Where else may anybody get that kind of info in such a perfect means of writing? I have a presentation subsequent week, and I am at the search for such info.
Really clear internet site, regards for this post.
I am not sure where you are getting your information, but great topic. I needs to spend some time learning more or understanding more. Thanks for great information I was looking for this information for my mission.
I visit daily some blogs and sites to read content, but this website gives quality based articles.
You really make it appear so easy together with your
presentation but I to find this matter to be actually one thing which I think I would never understand.
It kind of feels too complex and very extensive for me. I am having a look forward on your next publish, I will try to get the
hold of it!
Thanks a lot for sharing this with all folks you actually realize what
you’re speaking about! Bookmarked. Please also consult with my site =).
We will have a link trade contract between us!
Check out my blog post mpc-install.com
These games consist of baccarat, bingo, craps, keno, poker, video poker, or various slots.
This internet site is my aspiration, very wonderful style and Perfect content material.
Hello there, just became alert to your blog through Google, and found that it’s really informative. I am gonna watch out for brussels. I?ll be grateful if you continue this in future. A lot of people will be benefited from your writing. Cheers!
Lovely just what I was searching for. Thanks to the author for taking his time on this one.
Quality content is the crucial to attract the visitors to pay a quick visit the web page, that’s what this web site is providing.
We wish to thank you all over again for the stunning ideas you gave Jeremy when preparing her own post-graduate research and, most importantly, pertaining to providing all the ideas in one blog post. In case we had known of your site a year ago, we would have been saved the needless measures we were implementing. Thanks to you.
Thank you for the good writeup. It in truth used to be a entertainment account it. Glance complex to far introduced agreeable from you! By the way, how could we communicate?
Hey there! Do you know if they make any plugins to assist with Search Engine Optimization? I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good results. If you know of any please share. Many thanks!
Real clean website, thanks for this post.
Lovely just what I was searching for. Thanks to the author for taking his clock time on this one.
Very clean internet site, regards for this post.
Thanks for the good writeup. It if truth be told used to be a amusement account it. Glance advanced to more introduced agreeable from you! By the way, how could we keep in touch?
This internet site is my intake, rattling fantastic style and Perfect subject matter.
Hi! Do you know if they make any plugins to assist with SEO? I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good success. If you know of any please share. Thanks!
Hi there, just became aware of your blog through Google, and found that it’s really informative. I?m going to watch out for brussels. I will be grateful if you continue this in future. Many people will be benefited from your writing. Cheers!
Hi there, I would like to subscribe for this webpage to take hottest updates, therefore where can i do it please assist.
Really clear web site, thank you for this post.
Right here is the perfect website for anyone who wishes to understand this topic. You realize a whole lot its almost tough to argue with you (not that I personally will need to…HaHa). You certainly put a brand new spin on a subject that’s been written about for decades. Wonderful stuff, just great!
This website is my aspiration, real good style and design and Perfect written content.
I visit day-to-day a few sites and sites to read posts, except this webpage gives quality based content.
Lovely just what I was searching for. Thanks to the author for taking his time on this one.
It’s appropriate time to make some plans for the future and it’s time to be happy. I’ve read this post and if I could I desire to suggest you few interesting things or tips. Perhaps you can write next articles referring to this article. I desire to read even more things about it!