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Nascon Allied Industries Plc (Nigeria)

Main Activities: Seasoning and Dressing Manufacturing
Full name: Nascon Allied Industries Plc Profile Updated: January 05, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 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
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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9.43%
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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
-48.42%
Total operating revenue
-48.43%
Operating profit (EBIT)
51.68%
EBITDA
18.17%
Net Profit (Loss) for the Period
66.83%
Total assets
41.94%
Total equity
66.52%
Operating Profit Margin (ROS)
23.74%
Net Profit Margin
15.86%
Return on Equity (ROE)
0.04%
Debt to Equity Ratio
11.3%
Quick Ratio
0.18%
Cash Ratio
0.13%

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