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The Initiates Plc (Nigeria)

Main Activities: All Other Miscellaneous Waste Management Services
Full name: The Initiates Plc Profile Updated: March 06, 2026
Buy our report for this company USD 29.95 Most recent financial data: 2025 Available in: English Download a sample report

The Initiates Plc is based in Nigeria. The head office is in Port Harcourt. The company operates in the All Other Miscellaneous Waste Management Services sector. The Initiates Plc was incorporated on May 11, 1995. It currently has a total number of 49 (2025) employees. In its most recent financial highlights, the company reported a net sales revenue increase of 150.86% in 2025. Its’ total assets recorded a growth of 131.76%. The net profit margin of The Initiates Plc decreased by 0.63% in 2025.

Headquarters
Plot 400,Shell Location(New) Road, Off Aba/Ph Expressway By Oyigbo Junction, Umuebule 5, P.O.Box 7242
Port Harcourt; Rivers;

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Website: http://www.initiatesgroup.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
May 11, 1995
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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Chief Executive Officer
Ownership Details
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55.84%
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18.32%
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13.23%
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5.7%
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4.22%
Company Performance
Financial values in the chart are available after The Initiates 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
150.86%
Total Operating Revenue
150.82%
Operating Profit
151.91%
EBITDA
131.47%
Net Profit/Loss for the Period
145.45%
Total Assets
131.76%
Total Equity
111.88%
Operating Profit Margin
0.18%
Net Profit Margin
-0.63%
Return on Equity (ROE)
8.83%
Debt / Equity
-19.51%
Quick Ratio
0.04%
Cash Ratio
0.39%

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