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Nascon Allied Industries Plc

NGX-NASCON
Nigerian Stock Exchange NYSE
Miscellaneous Chemical Products
Global Rank
#24747
Country Rank
#37
Market Cap
$94.47 M
Price
$0.03
Change (%)
1.46%
Volume
946,541

Nascon Allied Industries Plc's latest marketcap:

$94.47 M

As of 06/09/2025, Nascon Allied Industries Plc's market capitalization has reached $94.47 M. According to our data, Nascon Allied Industries Plc is the 24747th most valuable company globally by market capitalization. Market capitalization, commonly referred to as market cap, represents the total market value of all outstanding shares of a publicly traded company and is often used as a measure of company value.

Market Cap $94.47 M
Revenue (ttm) $82.20 M
Net Income (ttm) $13.00 M
Shares Out 2.7 B
EPS (ttm) $0.00
Forward PE 6.65
Ex-Dividend Date 04/17/2025
Earnings Date 07/28/2025
Market Cap Chart
Data Updated: 06/09/2025

Nascon Allied Industries Plc's yearly market capitalization.

Nascon Allied Industries Plc has seen its market value grow from ₦38.42 B to ₦159.31 B since 2020, representing a total increase of 314.68% and an annual compound growth rate (CAGR) of 37.78%.
Date Market Cap Change (%)
06/09/2025 ₦159.31 B 88.04%
12/31/2024 ₦84.72 B -40.51%
12/29/2023 ₦142.41 B 384.23%
12/30/2022 ₦29.41 B -15.91%
12/31/2021 ₦34.97 B -8.97%
12/31/2020 ₦38.42 B

Company Profile

About Nascon Allied Industries Plc

Nascon Allied Industries Plc is a leading manufacturer and distributor of refined, edible, and industrial-grade salt in Nigeria. The company operates through two key segments:

  • Salt Segment: Produces table salt, pure dried and vacuum salt, tannery salt, butter salt, and edible/non-edible industrial salt.
  • Seasoning Segment: Offers spices, stew mix, curry powder, seasoning cubes, tomato paste, and vegetable oil.

Brands & Distribution

The company markets its products under the Dangote and Dan Q brand names. Its distribution network includes:

  • Direct sales to distributors
  • Wholesalers and retailers
  • Supermarkets
  • Confectioners

Corporate Background

Founded in 1973 and headquartered in Ikeja, Nigeria, the company was formerly known as NASCON Industries Plc before rebranding to its current name in July 2015. It operates as a subsidiary of Dangote Industries Limited.

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