cheqfx
Advertisement · 728×90
‹ All stocks
IMG

INDUSTRIAL & MEDICAL GASES NIGERIA PLC

IMG · NGX · NATURAL RESOURCES
₦28.00
— ₦0.00 (0.00%)
₦27.00 ₦27.67 ₦28.33 ₦29.00 ₦28.00 Sep 30 Oct 01 Oct 02
Day range
—
Year range
₦27.65 – ₦47.00
Open
₦28.00
Previous close
₦28.00
Market cap
₦19.07B
Volume (24h)
₦81
Volume (52w)
₦2.49K
Performance
7D
— 0.00%
1M
▼ -17.89%
1Y
▼ -23.50%
YTD
▼ -12.50%
Key statistics
P/E ratio
-0.39
EPS (TTM)
₦-71.00
Dividend yield
1.93%
Dividend (TTM)
₦0.54
Payout ratio
—
Shares outstanding
681.1M
About INDUSTRIAL & MEDICAL GASES NIGERIA PLC

Industrial & Medical Gases Nigeria Plc was established in 1959 as Industrial Gases (Nigeria) Limited, a subsidiary of the British Oxygen Company (BOC), with a mission to provide locally produced industrial and medical gases during Nigeria's industrialization. The company was listed on the Nigerian Stock Exchange in 1979. Over the decades, it evolved, changing its name to Industrial Gases Limited, then to BOC Gases Nigeria Plc in 1997, before becoming Industrial & Medical Gases Nigeria Plc in 2021. This evolution included significant ownership changes, with The Linde Group AG acquiring a 60% stake in 2006, and later, BOC Holdings UK selling its 60% interest to TY Holdings Limited in 2021, solidifying its identity as a wholly indigenous Nigerian enterprise. The company maintains a network of production and distribution facilities strategically located across Nigeria, including major plants in Lagos, Port Harcourt, Kaduna, and Warri. The core business of Industrial & Medical Gases Nigeria Plc revolves around the manufacture and supply of a comprehensive range of industrial and medical gases, alongside the marketing and sale of specialized gas, welding, and medical equipment. Its product portfolio includes essential gases such as oxygen, nitrogen, acetylene, argon, and carbon dioxide, as well as specialized gas mixtures, scientific gases, refrigerants, packaged chemicals, propane, and helium. Beyond products, the company provides crucial services, including customer engineering, after-sales technical support, safety services, and installation and maintenance for gas equipment. Industrial & Medical Gases Nigeria Plc serves a diverse array of sectors across Nigeria and is recognized as a market leader in West Africa for industrial gases. Key industries benefiting from its offerings include healthcare, manufacturing, construction, oil and gas, food and beverage, pharmaceuticals, electronics, automotive, aerospace, agriculture, and various laboratory and research applications.

Country: Nigeria
Advertisement · 300×250
More in NATURAL RESOURCES