National Salt Company Nigeria Plc (NASCON.ng) 2022 Annual Report

National Salt Company Nigeria Plc (NASCON.ng) listed on the Nigerian Stock Exchange under the Food sector has released it’s 2022 annual report.

For more information about National Salt Company Nigeria Plc (NASCON.ng) reports, abridged reports, interim earnings results and earnings presentations visit the National Salt Company Nigeria Plc (NASCON.ng) company page on AfricanFinancials.

Indicative Share Trading Liquidity

The total indicative share trading liquidity for National Salt Company Nigeria Plc (NASCON.ng) in the past 12 months, as of 3rd March 2023, is US$1.35M (NGN584.46M). An average of US$112.85K (NGN48.7M) per month.

National Salt Company Nigeria Plc 2022 annual report

Company Profile

National Salt Company Nigeria Plc (NASCON) manufactures and markets a range of edible salt for industrial use and iodine-fortified kitchen salt for domestic use in Nigeria. By-products from the salt refining process include fine (butter) salt used to make biscuits and confectionary products; and granulated kitchen salt and industrial salt. The company has factories located in Oregun, Apapa and Port Harcourt and installed capacity of 400 000 tonnes per annum for 25-50 kilogram bags of salt and 100 000 tonnes per annum for salt sachets. Salt products for domestic use are marketed under the brand name Annapurna and Dangote. Annapurna is a brand name owned by West Africa Popular Foods (WAPF) as a joint venture between the former NASCON and Unilever Nigeria Plc. The company was established in 1973 and formerly known as National Salt Company of Nigeria Plc. Its head office is in Lagos, Nigeria. National Salt Company Nigeria Plc is listed on the Nigerian Stock Exchange