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Vitafoam Nigeria Plc (Nigeria)

Main Activities: Curtain and Linen Mills | Urethane and Other Foam Product (except Polystyrene) Manufacturing
Full name: Vitafoam Nigeria Plc Profile Updated: March 26, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Vitafoam Nigeria Plc is a manufacturer of polyether and reconstituted foam products in Nigeria. The Company offers a range of products that present customers multiple choices. Mattresses of varied resilience and hardness are available nationwide. The Company designs and constructs custom-made mattresses and pillows. In addition, a range of profile products that are versatile in use are offered to the market, such as mats (Vitarest and Leisuremats) and foam sitting chairs (Vitasolid). The needs of nursing mothers are addressed by the offering of a number of foam-based products, such as changing mat, baby cot mattresses and pillows). Rigid polyurethane foam manufactured by Vitafoam is used in the oil industry, refrigeration, conditioners, poultry enclosure and office partitioning.

Headquarters
140 Oba Akran Avenue, Industrial Estate, Lkeja
Lagos; Lagos;

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Website: http://www.vitafoamng.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:
1962
Key Executives
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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
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Director / Member of the Management Board
Ownership Details
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12.03%
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10.02%
Subsidiaries
Vono Furnitures Products Limited
100%
Vitafoam Ghana Limited (Ghana)
90%
Vitafoam Sierra Leone Limited (Sierra Leone)
81.3%
Company Performance
Financial values in the chart are available after Vitafoam Nigeria 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
35.11%
Total operating revenue
35.06%
Operating profit (EBIT)
45.61%
EBITDA
42.96%
Net Profit (Loss) for the Period
-8.69%
Total assets
19.13%
Total equity
9.11%
Operating Profit Margin (ROS)
1.71%
Net Profit Margin
-3.94%
Return on Equity (ROE)
-1.6%
Debt to Equity Ratio
28.7%
Quick Ratio
-0.04%
Cash Ratio
0.04%

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