The Company Secretary of NASCON, A. A. Samuel, disclosed this in a notification sent to the Nigerian Exchange Limited.
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The 2023 annual results and accounts indicated that PAT rose by N8.26 billion over N5.47 billion recorded in 2022.
Shareholders of the firm commended the board and management of NASCON for the consistent payment of dividends.
Bayero visited Dangote pavilion at the ongoing Kano International Trade Fair and was visibly elated by the company’s profile.
The companies participating in the fair are Dangote Cement, Dangote Sugar, NASCON, Dangote Oil Refinery and Dangote Fertiliser.
The Nigerian Stock Exchange on Thursday started trading for the month of August with a growth of N14 billion.
This was due to bargain hunting in the shares of MTN Nigeria, NASCON Allied Industries and 10 other stocks.
The crucial market indicators of the Nigerian Stock Exchange on Tuesday maintained negative slide, dropping by 0.01 per cent.
The Management of NASCON Allied Industries formerly National Salt Company, a member of the Dangote Group, over the weekend released its financials for the year ended December 31, 2018 with a revenue of N25.8 billion and a profit after tax of N4.4 billion.
The News Agency of Nigeria reports that the index shed 284.32 points or 0.73 per cent to close at 38,644.15, compared with the 38,928.47 achieved on Thursday.
The News Agency of Nigeria reports that the index shed 103.25 points or 0.26 per cent to close at 38,928.47 against 39,031.72 achieved on Wednesday.
This followed price appreciation by some highly capitalised and medium-size equities with Dangote Cement leading the gainers’ pack with N9.20 to close at N239. 20 per share.
The Managing Director/Chief Executive of the Exchange, Oscar Onyema, gave the commendation while welcoming the Group Managing Director of Dangote Cement, Engr. Joe Makoju, and his management team to the special sounding of the closing gong on the trading floor of the NSE.
Paul Farrer, NASCON’s Managing Director, assured the shareholders at the company’s 2017 Annual General Meeting in Lagos, that the management had prioritised resumption of the two production lines.
The Chairman of the group, who is also Africa’s richest man, Alhaji Aliko Dangote, made the announcement at a forum in Lagos to honour major distributors of Dangote Foods in Lagos on Thursday.
The index rose by 9.92 points or 0.02 per cent to close at 42,158.32 compared with 42,148.40 achieved on Tuesday due to marginal price growth by blue chips