Nascon Allied Industries Plc (NASCON) has released its audited financial statements for the year ended December 31, 2024. The principal activities of Nascon Allied Industries Plc include the processing of raw salt into refined, edible and grade salt. The Company also produces seasoning cubes.
The major shareholder of Nascon Allied Industries Plc is Dangote Industries Limited which owns 62.19 percent of the issued share capital, while the remaining 37.81percent is held by the general public. The company has 2,702,427,146 shares outstanding.
For the year ended 2024, the company proposed dividend of 200 kobo per share (2023: 100 kobo per share). The company’s basic and diluted earnings per share (kobo) rose to 577kobo in 2024, from 518kobo in 2023.