Tripple Gee and Company Plc, a manufacturer of financial instruments, secure and commercial documents and flexible packaging materials declared a final dividend of N0.055 per share for the year ended 31 March 2020.
The following are the details related to the dividend:
| Financial period | FY 31/12/2019 |
| Announcement date | 13/08/2020 |
| Ex-Dividend date | 01/09/2020 |
| Record date | 31/08/2020 |
| Payment date | 22/09/2020 |
| Dividend amount per share | 0.055 NGN |
The Company Secretary, Mrs M.A Sode, confirmed in a note to the Nigerian Stock Exchange that the dividend will be paid electronically on 22nd September 2020, while shareholders will be advised on the date for the annual general meeting on 16 September 2020.
AGM
Tripple Gee and Company Plc also announced its Annual General Meeting (AGM) details as thus:
| AGM date | : | 16/09/2020 |
| Year ended | : | 31/03/2019 |
| Time | : | 11:00 |
Profit and Revenue
Tripple Gee and Company announced 68% Turnover growth in Q4’20 Result.
The company released its 2020 Audited results for the period ended March 31st, 2020 in which its turnover grew by 68% to N1.3bn from N785m in the previous quarter.
Tripple Gee and Company Nigeria grew its Profit before tax by 56% to N55m as well as its Profit after tax that increased by 36% to N37.5m. Net Assets declined by -5.6% from N1.2bn to N1.1bn.
Incorporated as a private limited liability company in 1980, Tripple Gee & Company Plc commenced operations as a small print service catering to commercial office stationery needs firstly and subsequently to specialised food and pharmaceutical packaging requirements.
Tripple Gee & Company Plc manufactures and sells paper and packaging products in Nigeria and specialising in printing financial instruments and security documents. The company services the banking, oil and gas, pharmaceutical and FMCG sectors as well as government regulatory bodies.
Security documents include MICR encoded and personalised cheques, dividend warrants, share certificates, ballot papers and election stationery as well as licenses and permits, customs revenue collection forms and receipts, statement of accounts, utility bills and pension contributions.
Tripple Gee & Company Plc also offers packaging and labelling products which include pharmaceutical labels, anti-counterfeit labels and packaging labels such as printed nylon, BOPP, PVC and shrink packaging products. Its head office is in Lagos, Nigeria.
