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Nascon Allied Industries Plc (Nigeria)

Main Activities: Seasoning and Dressing Manufacturing
Full name: Nascon Allied Industries Plc Profile Updated: October 28, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

NASCON was founded in 1973 and listed on the Nigerian Stock Exchange in 1991 when the Dangote Group first invested in the company before becoming the majority shareholder in 1996. The Factories are located in Oregun, Apapa and Port Harcourt. The company produces edible salt (for industrial use) and sachet salt fortified with iodine for domestic use. The Company currently has 400,000 tonnes per annum of installed production capacity for 25-50kg bags of salt and 100,000 tonnes per annum of installed production capacity for small sachets of salt (250g, 500g and 1kg).

Headquarters
15B Ikosi Road, Ocregun Industrial Estate
Lagos; Lagos;

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Website: http://www.nasconplc.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:
1973
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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62.19%
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37.51%
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0.17%
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0.08%
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0.04%
Company Performance
Financial values in the chart are available after Nascon Allied 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
32.14%
Total operating revenue
32.21%
Operating profit (EBIT)
4.16%
EBITDA
3.08%
Net Profit (Loss) for the Period
-16.79%
Total assets
23.81%
Total equity
45.47%
Operating Profit Margin (ROS)
-4.91%
Net Profit Margin
-5.64%
Return on Equity (ROE)
-11.22%
Debt to Equity Ratio
-7.87%
Quick Ratio
0.11%
Cash Ratio
-0.14%

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