NASCON Allied Industries Plc
NNSENG:NASCON183.50
NGN
0.00
(0.00%)
NASCON Allied Industries Plc
NSENG:NASCON
(Nigerian Stock Exchange)
Recent
price
183.50
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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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
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- NASCON Allied Industries Plc is a Nigeria-based fast-moving consumer goods company engaged in the manufacturing, refining, packaging, and marketing of edible salt, industrial salt, food seasonings, and allied culinary products. A member of the Dangote Group and a subsidiary of Dangote Industries Limited, the company operates primarily across two commercial segments: Salt and Seasoning. Its product portfolio comprises refined iodized table salt, fine kitchen salt, and pure dried vacuum (P.D.V.) salt marketed under the Dangote brand for domestic household consumption; bulk non-refined and industrial-grade edible salts supplied in commercial packaging for food processing, bakery, dairy, animal feed, leather tanning, water treatment, oil exploration, and chemical manufacturing applications; bouillon seasoning cubes formulated in beef and chicken variants distributed under the Dangote and Dan-Q brand names; and packaged dry culinary spices, including curry powder and stew mix seasoning. The company distributes its products across Nigeria through an extensive supply network of commercial wholesalers, retail distributors, supermarkets, and institutional customers, supported by centralized warehousing and dedicated freight logistics fleets. Originally incorporated in 1973 as the National Salt Company of Nigeria and rebranded as NASCON Allied Industries Plc in 2015, the company maintains its corporate headquarters in Ikeja, Lagos, Nigeria, alongside manufacturing and refining assets located in Lagos, Ogun, and Rivers states. In recent corporate developments, NASCON suspended a proposed three-way consolidation and statutory merger with fellow Dangote Group subsidiaries, Dangote Sugar Refinery Plc and Dangote Rice Limited, following regulatory review from the Securities and Exchange Commission, with the company continuing its standalone business trajectory focused on refining capacity enhancements, distribution footprint expansion, and supply chain operational efficiencies.