Cutix PLC
NNSENG:CUTIX2.31
NGN
+0.04
(+1.76%)
ISIN
NGCUTIX00002
Return %
Stock
S&P 500
1Y
-37.74
14.20
3Y
100.87
81.12
5Y
52.73
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Uchechukwu Igbokwe
- Full Time Employees
- 277
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- Nnewi Nigeria
- IPO Date
- Apr 10, 1997
- Website
- cutixplc.com.ng
- Similar Companies
- Business
- Cutix PLC is a Nigeria-based industrial manufacturing company engaged in the development, manufacturing, marketing, and distribution of electrical wires, power cables, and power distribution equipment. Founded in 1982 and headquartered in Nnewi, Anambra State, Nigeria, the company serves residential, commercial, industrial, telecommunications, and utility infrastructure sectors across Nigeria and regional African markets. Cutix operates through specialized product categories utilizing copper and aluminum conductors, offering house wiring cables, including single-core and multi-core PVC-insulated copper cables for internal and conduit installations; low- and medium-voltage industrial power cables, comprising armored and non-armored configurations for heavy-duty industrial facilities and underground power distribution; all-aluminum conductors (AAC) and bare stranded copper conductors for overhead power transmission and grounding systems; aluminum service entrance cables; automotive cables resistant to heat, oil, and abrasion for vehicle harnesses and machinery; telecommunication and control cables; and specialized flexible cables for renewable solar energy installations. In addition, through its wholly-owned subsidiary, Adswitch Limited, the company manufactures and markets electrical switchgear and distribution equipment, including distribution boards, switch panels, changeover switches, fuse bases, and busbar chambers. In recent developments, Cutix executed a one-for-one bonus share issue alongside dividend payouts to expand its capital base, enacted key board and executive leadership transitions in 2026 to strengthen corporate governance, and initiated a strategic operational pivot focused on talent development, manufacturing modernization, and domestic supply chain expansion to meet accelerating national power infrastructure demand.