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Morison Industries Plc (Nigeria)

Main Activities: Pharmaceutical and Medicine Manufacturing | Farm Supplies Merchant Wholesalers
Full name: Morison Industries Plc Profile Updated: August 01, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Morison Industries PLC, formerly known as J. L. Morison, is a Nigeria-based company active in the healthcare industry. The Company is engaged in the production and marketing of its brand pharmaceuticals, hygiene products and importation and distribution of medical, surgical and hospital consumables. The Company’s antiseptics and disinfectants are marketed under the Morigad range. The Company focuses on the mix of woundcare, orthopaedic and phlebology products. The product range is made up of well-known brands such as Gypsona, Dynacast, Soffban, Cutisoft and Leukomed in woundcare category Heraeus. Morison Industries is a distributor for the full range of Braun Medical products. Clinical trials have already being held in various parts of the world and the product is currently being used in various University Teaching hospitals around Nigeria.

Headquarters
28/30, Morison Crescent, Oregun Industrial Area, Ikeja
Lagos; Lagos; Postal Code: 21290

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Website: http://www.morisonplc.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1955
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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16.37%
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12.22%
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10.24%
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9.69%
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7.94%
Subsidiaries
Morison Investment Limited, UK
Company Performance
Financial values in the chart are available after Morison 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
104.72%
Total operating revenue
75.71%
Operating profit (EBIT)
43.82%
EBITDA
84.37%
Net Profit (Loss) for the Period
34.19%
Total assets
1.72%
Total equity
-8.03%
Operating Profit Margin (ROS)
44.56%
Net Profit Margin
53.77%
Return on Equity (ROE)
1.39%
Debt to Equity Ratio
3.71%
Quick Ratio
0.04%
Cash Ratio
0.01%

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