|
1. Head Office:
134, Trans Amadi Industrial Layout
P. O. Box
642,
Port-Harcourt, Rivers
State.
Tel: 234-084-334103,
2. Nature of Business:
Manufacturer of Hallow Glass Products.
3. Date of Incorporation:
20th April, 1972
4. Date Listed on The Exchange:
1985
5. NSE Classification:
Packaging
6. Board of Directors:
Sir O. Nwolu-Elechi - (Chairman),
Mr. D. D. Misha - (MD/CEO)
Mr. A. K. Mirchandani
Mr. C. O. Briggs
Mr. T. S. B. Owoka
Chief E. S. Akpolo
Chief J. D. Edozien
Mr. Ben Nwoji
7. Company Secretary:
DTT Services Limited
Orosi House, 28
Forces Avenue
Port Harcourt, Rivers State.
8. Joint Auditors:
Akintola Williams Deloitte
(Chartered Accountants)
15, Emeyal
Street,
G. R. A. Phase II
P. O. Box
3704
Port-Harcourt, Rivers
State.
|
9. Company Registrars:
UBA Securities Limited
Raymond House (3rd Floor)
97/105, Broad
Street,
P. O. Box
6492, Lagos.
10. Subsidiaries/Associates:
SONA Breweries Limited
OM Oil Industries Limited
IBBI
Golden Oil Industries Limited
Naiby Cie SA
11. End of Accounting Year
31st December.
12. Number of Employees
264
13.Capital Structure
i. Authorised: N1,005,000,000.00
ii. Paid-Up
N104,307,000.00
14. Analysis of Shareholding
R/S Ministry of Finance Inc. - 41%
Coutinho Caro & Co. (Nig.) - 10%
British American Insurance -
10%
National Provident Fund -
5%
Nigerian Reinsurance Co. -
5%
Rivbank Insurance Co. Ltd. -
2.5%
Other Nig. Citizens -
21.8%
Unsubscribed Shares -
4.7%
|
|
FIVE-YEAR FINANCIAL SUMMARY
2006 2005 2004 2003 2002
N‘000 N‘000 N‘000 N‘000 N‘000
TURNOVER, PROFIT AND
APPROPRIATIONS:
Turnover 1,407,783 1,181,999 1,461,634 1,088,255 577,241
---------- ---------- ---------- ---------- ----------
(Loss)/Profit before
taxation (152,693) (140,736) 45,349 33,628 (11,083)
---------- ---------- ---------- ---------- ----------
(Loss)/Profit after taxation (152,693) (140,736) 45,349 33,628 (11,083)
====== ====== ====== ====== ======
ASSETS EMPLOYED:
Fixed Assets 1,487,109 1,454,519 1,450,091 1,324,026 1,245,833
Investments 500 500 500 500 500
Net current liabilities (1,582,436) (1,417,741) (1,276,411) (1,184,174) (1,114,609)
------------ ------------ ------------ ------------ ------------
(94,827) 37,278 174,180 140,352 131,724
Amount falling
due after more than one
year:
Debenture stock - (6,250) (12,500) (25,000) (50,000)
Provision for
liabilities and charges (37,901) (11,063) (979) - -
------------ ------------ ------------ ------------ ------------
(132,728) 19,965 160,701 115,352 81,724
====== ====== ====== ====== ======
FINANCED BY:
Share capital 104,307 104,307 104,307 104,307 104,307
Revaluation Reserve 284,785 284,785 284,785 284,785 284,785
Profit and loss account (521,820) (369,127) (228,391) (273,740) (307,368)
------------ ------------ ------------ ------------ ------------
(132,728) 19,965 160,701 115,352 81,724
====== ====== ====== ====== ======
(Loss)/earning per share (k) (76) (70) 43 32 (11)
Net liabilities/assets per
share (66) 0.36 1.67 1.35 1.26
====== ====== ====== ====== ======
|
