Morison Industries Plc (MORISN.ng) 2022 Abridged Report

Morison Industries Plc (MORISN.ng) listed on the Nigerian Stock Exchange under the Chemicals sector has released its 2022 abridged results.

For more information about Morison Industries Plc (MORISN.ng) reports, abridged reports, interim earnings results and earnings presentations visit the Morison Industries Plc (MORISN.ng) company page on AfricanFinancials.

Indicative Share Trading Liquidity

The total indicative share trading liquidity for Morison Industries Plc (MORISN.ng) in the past 12 months, as of 5th June 2023, is US$12.45K (NGN5.45M). An average of US$1.04K (NGN454.15K) per month.

Morison Industries Plc 2022 abridged results

Company Profile

Morison Industries Plc manufactures and markets a range of pharmaceutical and hygiene products in Nigeria as well as imports and distributes medical, surgical and hospital consumables. The company is a leader in the field of Woundcare solutions, trauma/arthroplasty and bone graft products in Nigeria. Its Advance Wound Management business offers a range of products from initial wound bed preparation to full wound closure. Antiseptics and disinfectants are marketed under the Morigad brand name. Other well known brands include Gypsona, Dynacast, Soffban, Cutisoft and Leukomed. Morison Industries Plc is involved in merchandising hip, knee and shoulder joints implants as well as ancillary products such as bone cement and biomaterials for elective orthopaedic and trauma surgery; and is a distributor of the full range of Braun medical products. Morison Agro Allied is a subsidiary of Morison Industries Plc and markets a range of agricultural preparations including herbicides and biocide disinfectants under the brand names Glutacide, Germicide and Lysol. Morison Industries Plc has an export license from the Nigerian Exportation Promotion Council to export shea nuts, cashew nuts, cocoa, ginger, bitter kola and sesame seeds. The company also has a division which manufactures and markets products made from fish oil with High Omega 3 content in addition to selling lifestyle products which improve blood pressure and cholesterol levels and helps reduce the risk of heart disease and strokes. The company’s head office is in Lagos, Nigeria. Morison Industries Plc is listed on the Nigerian Stock Exchange