NASCON 2024: Big profits, bigger dividends; but is cash flow a concern for investors?  

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Nascon Allied Industries Plc (NASCON) has delivered strong earnings growth in 2024, with revenue up 49% to N120.4 billion and profit after tax rising 14% to N15.6 billion.


Shareholders have even more reason to celebrate, as the company has declared a N2.00 dividend for the 2024 financial year.


The dividend, reflecting a massive 100% year-on-year increase, is set to be paid on May 9, 2025.

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