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Industrial And Medical Gases Nigeria Plc (Nigeria)

Main Activities: Industrial Gas Manufacturing | Pharmaceutical and Medicine Manufacturing
Full name: Industrial And Medical Gases Nigeria Plc Profile Updated: June 19, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Industrial And Medical Gases Nigeria Plc, formerly BOC Gases Nigeria plc is the pioneer manufacturer of industrial and medical gases as well as the agent to Afrox for the distribution of Arc and Gas welding products in Nigeria. The company was incorporated in 1959 and commenced business of gas manufacturing in 1961. Industrial And Medical Gases Nigeria Plc has the main gases manufacturing operations located at Oshodi along the busy Apapa-Oshodi Expressway. It also operates gas manufacturing plants in two other key centers of industrial activities in the country. These are Kaduna in the mid-north and Warri in the mid-south. In addition the company has branches in Port Harcourt, Ibadan , Ilorin , Kano and a sales outlet at Ketu in the Lagos area. Industrial And Medical Gases Nigeria Plcalso operate a network of agencies in Apapa, Tincan Island, Otta, Ikeja, Abeokuta , Agbara, akure, Oshogbo , Jos , Benin , Ajaokuta & Abuja. The company's products include both permanent and liquefiable gases, compressed and supplied in steel cylinders as gas or in bulk carrying cryogenic road tankers as liquid.

Headquarters
Plots 1-3, Block H, Oshodi Industrial Estate, Oshodi
Lagos; Lagos;

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Website: http://www.img-ng.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:
1959
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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Member of the Supervisory Board
Ownership Details
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72%
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28%
Company Performance
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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
33.76%
Total operating revenue
33.03%
Operating profit (EBIT)
-13.84%
EBITDA
-9.61%
Net Profit (Loss) for the Period
375.81%
Total assets
102.04%
Total equity
43.23%
Operating Profit Margin (ROS)
-8.66%
Net Profit Margin
30.5%
Return on Equity (ROE)
19.72%
Debt to Equity Ratio
70.1%
Quick Ratio
-0.04%
Cash Ratio
-0.2%

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