National Salt Company Nigeria Plc (NASCON.ng) listed on the Nigerian Stock Exchange under the Food sector has released it’s 2015 interim results for the first quarter.For more information about National Salt Company Nigeria Plc (NASCON.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the National Salt Company Nigeria Plc (NASCON.ng) company page on AfricanFinancials.Document: National Salt Company Nigeria Plc (NASCON.ng) 2015 interim results for the first quarter.Company ProfileNational Salt Company Nigeria Plc (NASCON) manufactures and markets a range of edible salt for industrial use and iodine-fortified kitchen salt for domestic use in Nigeria. By-products from the salt refining process include fine (butter) salt used to make biscuits and confectionary products; and granulated kitchen salt and industrial salt. The company has factories located in Oregun, Apapa and Port Harcourt and installed capacity of 400 000 tonnes per annum for 25-50 kilogram bags of salt and 100 000 tonnes per annum for salt sachets. Salt products for domestic use are marketed under the brand name Annapurna and Dangote. Annapurna is a brand name owned by West Africa Popular Foods (WAPF) as a joint venture between the former NASCON and Unilever Nigeria Plc. The company was established in 1973 and formerly known as National Salt Company of Nigeria Plc. Its head office is in Lagos, Nigeria. National Salt Company Nigeria Plc is listed on the Nigerian Stock Exchange
since the introduction of the eight provisions of the central government, China’s catering industry has been hit hard, in the face of the new situation, the trend of the development of food and beverage is to survive in transition. After continuous reform and innovation, China’s food and beverage industry in a better state of economic recovery. Catering industry will usher in the dawn of a new era.
according to the latest data from the National Bureau of statistics, in 2015 the national food and beverage revenue to achieve 32310 billion yuan, it is reported that in 2014 the annual national food and beverage revenue of $27860 billion, total revenue grew by 11.7% in 2015.
national food and beverage revenue of 3 trillion yuan perfect ending, while online dining also surrendered good results, revenue of $866 billion 700 million, an increase of 7%, higher than the previous year by 4.8 percentage points. At the same time, last year fell in November growth also continued to rise, in December December, the catering income 303 billion yuan, an increase of 11.2%, compared with November data of 0.3 percentage points lower, online unit catering income 88 billion 300 million yuan, an increase of 6%.
food and beverage franchise trend
it is reported that last year, the national food and beverage revenue continued to grow, in September the national food and beverage revenue grew by 12.4%, but gradually dropped later, in November began to fall back to the beginning of the rational growth. Although the growth rate in November has dropped, but the economic slowdown in the environment, the catering industry is also a result of the trend to the trend of the warm, the overall trend for the better.
insiders pointed out that countries affected by the three consumption policy, high-end dining is still weak, whether it is the transformation of mass consumption itself or the development of high-end catering to mass consumption, mass consumption in the proportion of the catering industry is in growth, which is one reason the catering industry market to pick up last year. In September last year, the China Hotel Association President Han Ming said that China’s food and beverage industry entered the new era of mass consumption led by the proportion of the mass consumption of food and beverage industry has reached 80%.