The Shareholders, Nigerian Exchange Limited and the Investing Public are hereby notified of the appointment of Mr. Jonathan Yusuf Pam as a Non-Executive Director (NED) to the Board of Directors of Notore Chemical Industries Plc (the Company) with effect from 29th April 2022.
NOTICE IS HEREBY GIVEN that the Eighth Annual General Meeting of Notore Chemical Industries Plc. (the “Company”), will hold at the External Bollroom Hall, Federal Palace Hotel, 6–8, Ahmodu Bello Way, Victoria Island, Logos State, on Fridoy, 27th May 2022 at 11.00om prompt, to transact the following business:
Lagos, April 29, 2022 – Notore Chemical Industries Plc announces group operating profit of N1.5 billion for Q1 ended 31st March 2022.
Notore recorded revenue of ₦16.3 billion for its Q1 ended 31st March 2022, compared to ₦4.7 billion for the corresponding 2021 period resulting in a 239% increase Y-o-Y. This was mainly due to relative stable production operations during the period and the favourable global market conditions. The Group record net profit before tax of ₦1.5 billion for Q1 2022 as compared to a loss of (₦9.2 billion) for the corresponding period in prior year.