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Golden Penny Foods Limited (Nigeria)

Main Activities: Other Animal Food Manufacturing | Flour Milling | Dry Pasta, Dough, and Flour Mixes Manufacturing from Purchased Flour
Full name: Golden Penny Foods Limited Profile Updated: July 08, 2026
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Golden Penny Foods Limited is an enterprise located in Nigeria, with the main office in Apapa. The enterprise operates in the Other Animal Food Manufacturing industry. The enterprise was incorporated on September 11, 1979. It currently has a total number of 2,290 (2024) employees. In Q12025, the company reported a net sales revenue increase of 67.23%. During that time, Golden Penny Foods Limited’s total assets grew by 28.35%.

Headquarters
1, Golden Penny Place, Wharf Road
Apapa; Lagos;

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Website: http://www.fmnplc.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:
September 11, 1979
Key Executives
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Chairman and Director
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Director
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Director
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Director
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Director
Ownership Details
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63.34%
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36.07%
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0.26%
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0.2%
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0.03%
Subsidiaries
Agri Estates Limited
100%
Agri Palm Limited
100%
Agro Allied Farms Sunti Limited
100%
Company Performance
Financial values in the chart are available after Golden Penny Foods Limited 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
67.23%
Total Operating Revenue
66.57%
Operating Profit
71.02%
EBITDA
57.28%
Net Profit/Loss for the Period
N/A
Total Assets
28.35%
Total Equity
11.46%
Operating Profit Margin
0.15%
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt / Equity
-16.73%
Quick Ratio
-0.19%
Cash Ratio
-0.04%

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