Nigerian Stock Exchange
Nigerian Enamelware PLC · ENAMELW.LG
Nigerian Enamelware Plc is a Nigeria-based company, which is engaged in the manufacturing and marketing of enamelware, plastic products, galvanized bucket. Its raw materials consist of steel coils, chemicals, enamel, and molds, which are obtained from both local and overseas suppliers. Its products include Curry Dish W/Cover C/C, Curry Dish W/Cover D/E, Curry Dish W/Cover G/T, Chop Plate, Cooking Pot, E/Deep Bowl W/Cover DECO, E/Deep Bowl W/Cover G/T, Finger Bowl W/Cover C/C, Round Tray D/E, Round Tray G/T, Beer Mug, Finger Bowl W/Cover G/T, Finger Bowl W/Cover DECO, Footed Bowl DECO, and Footed Bowl W/Cover C/C. Its durable business profile is anchored in fuel distribution, lubricant sales, energy logistics, storage, retail networks or upstream and midstream exposure, depending on the issuer. Demand is linked to transport activity, industrial energy use, regulated product markets, commodity prices and foreign-exchange availability. Investors should monitor margins, working-capital needs, supply security, regulation, asset utilization and sensitivity to oil price and currency cycles.
Fundamentals
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