Premier Paints PLC
NNSENG:PREMPAINTS30.40
NGN
0.00
(0.00%)
ISIN
NGPREMPAINT2
Return %
Stock
S&P 500
1Y
204.00
14.20
3Y
204.00
81.12
5Y
204.00
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
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Full Time Employees
- 15
- Sector
- Process industries
- Industry
- Industrial specialties
- Address
- Ifo Nigeria
- IPO Date
- Dec 20, 1995
- Similar Companies
- Business
- Premier Paints Plc is a Nigeria-based chemical manufacturing company engaged in the formulation, production, marketing, and distribution of paints, industrial surface coatings, and allied chemical finishing products. The company offers a comprehensive product portfolio across decorative, industrial, automotive, and specialized applications, including decorative paints, such as interior and exterior emulsion coatings, gloss enamels, and textured architectural finishes; wood finishes, such as clear lacquers, wood sealers, and protective furniture varnishes; industrial coatings, such as red oxide anti-corrosive primers, heat-resistant stove enamels, bright aluminium paints for metallic structures and storage tanks, black bituminous protective coats, and fast-drying alkyd paints; heavy-duty floor coatings, such as epoxy and polyurethane flooring systems; automotive refinishes, such as solid and metallic autobase coatings, primers, and clear varnishes for vehicles and mechanical equipment; marine and infrastructure protective coatings, such as anti-fouling systems, epoxy barrier coatings, and polyurethane finish paints; road marking paints; and chemical auxiliaries, such as industrial thinners, solvents, and specialty additives. The company distributes its products to commercial builders, industrial facilities, real estate developers, furniture manufacturers, and automotive repairers across Nigeria. Founded in August 1982 and publicly listed on the Nigerian Exchange in 1995, Premier Paints Plc is headquartered with manufacturing operations in Ifo, Ogun State, Nigeria. In recent major corporate developments, indigenous energy and industrial services company Xenergi Limited completed the acquisition of a controlling 51% equity interest in Premier Paints Plc from Clover Global Resources Limited and TGHL Capital Limited, followed by a mandatory takeover offer for minority shareholdings. The transaction prompted a comprehensive board and governance restructuring, including the appointment of Emeka Ene as Board Chairman, alongside the formal lifting of a multi-year trading suspension on the Nigerian Exchange, driving operational turnaround and production capacity expansion under new strategic ownership.