Notore Media Centre
Notore Chemical Industries Plc Audited Results for its Financial Year Ended September 30, 2020
NOTORE RECORDS ₦9.48 BILLION OPERATING PROFIT FOR ITS FINANCIAL YEAR ENDED 30TH SEPTEMBER 2020
Lagos, 31 December 2020 – Presented below are the highlights of the Audited Financial Statement of Notore Chemical Industries Plc (“Notore”) for the Twelve-Month Period Ended 30th September 2020.
Financial Highlights
Notore recorded revenues of ₦18.80 billion for the twelve-month period ended 30th September 2020 (30 September 2019: ₦21.42 billion), a 12% decline in revenue due largely to an increased plant downtime caused by equipment maintenance during the period under review. This was also exacerbated by the outbreak of the COVID-19 pandemic, which has caused supply chain and logistics disruptions for our company, particularly with respect to acquisition of new equipment spares. The travel restrictions put in place by governments globally also further constrained our sourcing of technical resources and engineering support services, which resulted in prolonged Plant downtimes with consequential negative impact on production volumes and sales.
Notore Chemical Industries Plc Unaudited Results for 4th Quarter Ended September 30, 2020
NOTORE RECORDS ₦9.33 BILLION OPERATING PROFIT FOR Q4 2020 FY
Lagos, 20th November 2020 — Presented below are the highlights of the Unaudited Financial Statement of Notore Chemical Industries Plc (“Notore”) for the Twelve-Month Period Ended 30th September 2020.
In furtherance of its drive to provide potable water and improve livelihoods in several rural communities across Nigeria, Notore Chemical Industries Plc has donated a 40,000 litre solar-powered integrated water project to Kangare Community in Bauchi Local Government, Bauchi State.
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- Notice of Postponement of Annual General Meeting
- Notore Chemical Industries Plc Q1 2020 FY Performance Summary
- Notore Chemical Industries Plc FYE 2019 Financial Results.
- Notore Chemical Industries Plc Q3 (9M) 2019 FY Performance Summary
- Notification of Changes to Board of Directors of Notore Chemical Industries Plc.
- Notore Promotes Agribusiness with Green Schools Initiative
- Notore Notice of Annual General Meeting
- Notore Reports H1, 2019 Financial Results
- Save the Date — Notore Half Year 2019 Results Conference Call
- Notification of Changes to Board of Directors of Notore Chemical Industries Plc
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- Notore Chemical Industries Plc Announces 9M 2018 Results
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- Notore Chemical Industries Plc Lists On the Main Board of the Nigerian Stock Exchange
- Notore Launches Catalyst Course
- Notore and Partners Introduce 400 Agricultural Learning Centres
- Notore Teams Up with Cross Rivers Government on 255,000 Metric Ton Rice Mill
- Notore Launches Premium Distribution Channels to Make Agro Inputs Available
- Notore Signs Agreement with Tata Chemicals
- Notore Set to Increase Fertiliser Production Through Joint Development with Mitsubishi Corporation
- Notore Power Limited Signs Joint Development Agreement (JDA) with ContourGlobal
About Notore
Notore is a vertically integrated agro-allied and chemicals business situated in Onne (near Port Harcourt), Rivers State in South-South Nigeria and is engaged primarily in the production and sale of fertiliser products. The Group’s current business comprises fertiliser production, supply and trading of fertiliser, and power.