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Les Gaz Industriels Limited (Mauritius)

Main Activities: Industrial Gas Manufacturing | Pharmaceutical and Medicine Manufacturing
Full name: Les Gaz Industriels Limited Profile Updated: March 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Les Gaz Industriels Ltd (LGI) was incorporated as a private company, back in 1952, with 100% Mauritian equity and the sole aim of producing oxygen and acetylene for metal cutting and welding purposes.LGI kept a steady growth for the next fourteen years, with the modernization of the oxygen plant and the production of liquid and gaseous nitrogen, for multi-purpose uses. It was also heavily involved in the installation of gas reticulation in hospitals and clinics.LGI became a public company in 1990 and was listed on the Over The Counter (OTC) market in Mauritius. It has, since, also diversified into the production of nitrous oxide for medical purposes. The commissioning of a modern Air Separation Unit in 1998, for the production of liquid and gaseous oxygen and nitrogen and the installation of two cryogenic storage tanks, for liquid oxygen and nitrogen, have given the company the opportunity of doubling its supply of oxygen and nitrogen in Mauritius, with the added advantage of servicing the customer on an ex-stock basis.

Headquarters
Pailles Road, P.O.Box 673
Bell Village;

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Website: http://www.gaz-industriels.com

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1952
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Chief Executive Officer
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Outside Director
Ownership Details
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19.26%
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12.72%
Subsidiaries
Gaz Industriels Madagascar Sa (Madagascar)
99.9%
Company Performance
Financial values in the chart are available after Les Gaz Industriels Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MUR. Absolute financial data is included in the purchased report.
Net sales revenue
-13.75%
Total operating revenue
-11.49%
Operating profit (EBIT)
-69.48%
Net Profit (Loss) for the Period
-56.31%
Total assets
-0.22%
Total equity
-0.37%
Operating Profit Margin (ROS)
-4.19%
Net Profit Margin
-3.97%
Return on Equity (ROE)
-3.49%
Quick Ratio
0.43%

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