NASCON Allied Industries Plc has assured its shareholders of continuous growth and value creation in 2024 and years beyond.
Speaking to shareholders, the Chairperson of NASCON, Yemisi Ayeni, gave the assurance at the annual general meeting of the company held in Lagos yesterday, said “amidst the challenges in 2023, the company achieved commendable operational performance. Our strategic initiatives and proactive measures enabled us to grow in value and profitability.”
She said: “Our turnover for the financial year ended December 31, 2023, grew 37 per cent to N80.8 billion, marking a significant increase from the previous year. Profit after tax also saw an impressive growth of 151 percent to N13.7 billion, reflecting our commitment to operational efficiency and excellence.”
On future plans, Ayeni stated that “as we look ahead, NASCON remains focused on its commitment to health, safety, and environmental sustainability. Despite ongoing challenges…
Source: Thisday Newspaper
