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Mecure Industries Plc (Nigeria)

Main Activities: Pharmaceutical Preparation Manufacturing
Secondary Activities: Drugs and Druggists' Sundries Merchant Wholesalers
Full name: Mecure Industries Plc Profile Updated: October 30, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The principal activity of the Company is to carry out the business of manufacturing of pharmaceutical products, distribution of pharmaceutical and multivitamin products
The Company s vision:
Enriching Lives through Innovation in Pharmaceuticals.
The Company s mission:
To contribute to the enrichment of quality of life around Nigeria, through the creation of innovative generic and specialty pharmaceutical drugs and innovative delivery systems.
History:
2005: The Company was incorporated on 16th March 2005 as a private limited liability company and commenced operations on August 17, 2005.
2022: The Company was subsequently re-registered as a public limited company via a special resolution passed on October 27, 2022
2023: The Company listed on The Nigerian Stock Exchange on November 7, 2023.

Headquarters
Debo Industrial Compound Plot 6, Block H,Oshodi Apapa, Expressway, Oshodi
Lagos; Lagos;

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Website: http://www.mecure.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2005
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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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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32.29%
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32.29%
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31.81%
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0.68%
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0.13%
Company Performance
Financial values in the chart are available after Mecure Industries Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency NGN. Absolute financial data is included in the purchased report.
Net sales revenue
38.61%
Total operating revenue
38.56%
Operating profit (EBIT)
20.15%
EBITDA
14.35%
Net Profit (Loss) for the Period
-12.32%
Total assets
72.35%
Total equity
21.01%
Operating Profit Margin (ROS)
-2.63%
Net Profit Margin
-3.18%
Return on Equity (ROE)
-2.84%
Debt to Equity Ratio
122.38%
Quick Ratio
-2.89%
Cash Ratio
-0.07%

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