At NASCON Allied Industries Plc’s 2025 AGM in Lagos, shareholders gathered and reviewed strong results.
Management announced a ₦6 per share dividend, representing a 200% year-on-year increase.
Profit after tax rose to ₦33.5 billion despite persistent inflation and economic pressure challenges.
NASCON Strong Earnings And Dividend Growth
Shareholders approved the dividend and praised management for consistent value creation since listing.
Revenue climbed 26.83% to ₦152.6 billion, driven mainly by strong salt sales performance.
Salt contributed over 92% of total revenue, reinforcing NASCON’s dominant market position.
Earnings per share surged 115% to ₦12.41, compared with ₦5.77 previously recorded.
Pre-tax profit rose to ₦48.2 billion, more than doubling compared with 2024 financial results.
Operating profit increased to ₦42.8 billion through stronger efficiency and tighter cost control.
Finance income and reduced expenses further strengthened overall profitability across the reporting period.
Operational Efficiency And Energy Shift
Management attributed growth to strategic actions across production, logistics, and energy optimisation systems.
The company deployed CNG trucks, reducing fuel costs and improving nationwide distribution efficiency.
It also transitioned its largest salt refinery to natural gas for improved performance.
Managing Director Aderemi Saka credited disciplined execution for strong margin expansion and resilience.
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Chairman Olakunle Alake described 2025 as NASCON’s strongest financial year in company history.
He acknowledged inflationary pressure and volatile macroeconomic conditions throughout the operating environment.
Investor Confidence And Outlook
Looking ahead, management plans deeper cost optimisation, market expansion, and energy diversification strategies.
The company will also accelerate digital transformation and automation to improve long-term competitiveness.
Investor Faruk Umar highlighted the share price crossing ₦100, signalling strong investor confidence.
By April 2026, NASCON shares closed at ₦206.90, more than doubling in value.
At the start of the year, the share price stood at ₦107.50 on NGX.
Ultimately, NASCON’s 2025 performance reflects disciplined growth, strong execution, and rising investor confidence.
