Ellah Lakes Plc
NNSENG:ELLAHLAKES7.80
NGN
0.00
(0.00%)
ISIN
NGELLAHLAKE8
Return %
Stock
S&P 500
1Y
-39.53
14.39
3Y
95.00
81.42
5Y
101.51
68.62
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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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
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in mil. unless spec.Company Description
- CEO
- Francis Chukwuka Mordi
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- Benin City Nigeria
- IPO Date
- Aug 28, 1995
- Website
- ellahlakes.com
- Similar Companies
- Business
- Ellah Lakes Plc is a Nigeria-based agricultural and agro-allied enterprise primarily engaged in the cultivation, processing, and commercialization of cash crops and staple food commodities. The company operates across integrated agribusiness value chains with a core focus on oil palm plantation development and management; the extraction and processing of crude palm oil and palm kernel oil; commercial cassava farming and industrial starch production; soybean cultivation; and grain farming. Its product portfolio comprises crude palm oil for food manufacturing and industrial applications; palm kernel oil; refined, bleached, and deodorized palm oil; palm olein and palm stearin; palm kernel cake used in animal and livestock feed formulations; high-quality cassava flour; industrial-grade cassava starch; and harvested raw grains including soybeans and maize supplied to food processors and feed millers. Founded in 1980 and headquartered in Benin City, Edo State, Nigeria, the company serves industrial manufacturers, consumer packaged goods companies, and wholesale commodity markets across Nigeria and the wider West African region. In recent years, Ellah Lakes Plc has completed a strategic transformation, pivoting from legacy aquaculture operations into a diversified, large-scale agro-industrial producer. Recent corporate and operational developments include securing substantial agricultural land allocations under the Edo State Oil Palm Programme as well as concession partnerships in Ondo and Enugu States to expand its planted acreage; forming technical collaborations with agricultural research bodies such as the International Institute of Tropical Agriculture to implement sustainable agronomy practices and high-yield crop varieties; developing dedicated industrial processing infrastructure, including a cassava-to-starch processing facility and a multi-seed oil processing mill; and completing private placement equity transactions and debt restructuring programs to finance downstream processing assets, infrastructure development, and outgrower farmer integration programs.