THE NIGERIAN STOCK EXCHANGE FACTBOOK 2008

 

Published Under the Authority

 of the Council of:

 

THE NIGERIAN STOCK EXCHANGE

STOCK EXCHANGE HOUSE

  2/4 Customs Street,

P.O. Box 2457, Lagos

 Telephone: 234-01-2660287, 2660305, 2660335, 2669978, 2661293

   Telex 23567 STEX.NG

Fax: 234-01-2668281, 2668724

E-mail: nse@nigerianstockexchange.biz

Website:www.nigerianstockexchange.com

 

 

BRANCHES:

Abuja (Area Office)

Kaduna

Port Harcourt

Kano

Onitsha

Ibadan

Yola

Benin

Ilorin

Uyo

 

EDITORIAL BOARD

Prof. Ndi Okereke-Onyiuke, PhD, OON (Chairman)

Mr. Kene Okafor (Editor)

Mr. Farooq Oreagba (Editor)

Mr. Arize Nwobu (Deputy Editor)

  

Copyright:

The Nigerian  Stock Exchange

ISBN 978 0262 - 1 - 6

 

Design/Typesetting by: Management Information Technology Department of The Nigerian Stock Exchange, 2/4 Customs Street, Lagos.

 

Produced by:

Pathway Communications Ltd.,

5/6, Adekunle Odunlami Crescent,

Next to AfriBank Estate,

Ilupeju - Lagos.

Nigeria.

Tel: 01-7911733

 

FACTBOOK 2008

 

 

 

STOKVIS (NIGERIA) PLC

 

1. Head Office:

  Plot 39, Eastern-Bye-Pass,

  Marine Base,

  Port Harcourt,

  Rivers State.

  Tel: 234-084-236122, 238030

  E Mail: japaulng@yahoo.com

  Website: www.japaulplc.com

 

2. Nature of Business:

  Rendering Marine Services and Construction.

 

3. Date of Incorporation:

  29th June, 1994

 

4. Date Listed on The Exchange:

  10th August, 2005

 

5. NSE Classification:

  Maritime

 

6. Board of Directors:

  HRM, King Alfred Papapereye Diete-Spiff - (Chairman)

  Mr. Jegede A. Paul (MD/CEO)

  Chief, Sir, Emmanuel Ozoya Edeghere

  Dr. Chinedu J. Ogbuagu

  Dr. Victor A. Koleade

  Mr. Benson Awomewe

 

7. Company Secretary:

  Onome Okodiya Esq

 

8. Auditors:

  Ugboaja, Martins & Co.,

  (Chartered Accountants)

  37, Trans Amadi Industrial Layout

  P. O. Box 3839

  Port Harcourt, Rivers State.

  Tel: 234-0803197404, 08055161280.

 

9. Company Registrars:

  Sterling Registrars Limited

  Knight Frank Building

  24 Campbell Street, Lagos

  P. M. B. 12735, Lagos.

 

10. Subsidiaries/Associates:

  Japaul Trading Company Limited

  Japaul Gulf Electro Mechanical LLC, Dubai

  Japaul Mines and Products Limited

 

11. End of Accounting Year

  31st December

 

12. Number of Employees

  179

 

13.Capital Structure

  i.  Authorised:   N1,600,000,000.00

  ii.  Paid-Up       N583,098,090.00

 

14. Analysis of Shareholding

  Mr. Jegede A. Paul - 24.0%

  Other Nigerian Citizens & Asso. - 76.0%

 

 

FIVE-YEAR FINANCIAL SUMMARY

 

ASSETS

EMPLOYED                                         2007          2006          2005          2004          2003

                                                        N‘000         N‘000         N‘000         N‘000         N‘000

 

Turnover                                      2,328,502    1,401,149      533,146      492,044      434,890

                                                     ======      ======      ======      ======      ======

Profit/(Loss) before taxation             477,328      240,998      123,748      108,510        92,835

Taxation                                         (99,212)      (51,061)     ((19,760)      (20,943)       (4,838)

                                                    -----------     ------------     ------------     ------------       ----------

Profit/(Loss) for the year                  378,115      189,937      103,989        87,567        87,997

                                                     ======      ======      ======      ======      ======

Earnings per share (kobo)                    32.40         16.28         17.10         26.29     4,399.86

                                                     ======      ======      ======      ======      ======

 

ASSETS EMPLOYED:

Fixed assets                                 2,649,035    1,271,520      730,315      635,669      523,885

Deferred charges                                       -        29,880                -                -                -

Investments                                    150,000      150,000        29,555                -                -

Net current assets/(liabilities)            439,873        49,598      (56,505)    (149,735)      (92,222)

Provision for Liabilities & charges    (112,291)      (41,461)      (10,151)                -                -

Loans                                        (1,595,363)    (306,397)                -                -                -

                                                    -----------     ------------     ------------     ------------       ----------

                                                  1,531,255    1,153,140      693,215      485,934      431,663

                                                     ======      ======      ======      ======      ======

 

FINANCED BY:

Share capital                                   583,098      583,098      303,937      166,478         1,000

Deposit for shares                                     -                -                -                -      165,478

Share premium                                206,516      206,516        87,409                -                -

Revaluation reserves                        163,478      163,478      163,478      163,478      163,478

Reserves                                        578,162      200,047      138,391      155,977      101,706

                                                    -----------     ------------     ------------     ------------       ----------

                                                  1,531,255    1,153,140      693,215      485,934      431,663

                                                     ======      ======      ======      ======      ======

Net assets per share (kobo)                131.30         98.88        114.03        145.95    21,583.15

                                                     ======      ======      ======      ======      ======

 

NOTE:

Earnings and net assets per share are based on the number of ordinary shares of 50 kobo each in issue at the end of each financial year.

 

 

Important Note:

While every effort is made to ensure accuracy, no responsibility is accepted for any error, which may occur in this book.

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