Morison Industries Plc (MORISN.ng) listed on the Nigerian Stock Exchange under the Chemicals sector has released it’s 2018 abridged results.For more information about Morison Industries Plc (MORISN.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Morison Industries Plc (MORISN.ng) company page on AfricanFinancials.Document: Morison Industries Plc (MORISN.ng) 2018 abridged results.Company ProfileMorison Industries Plc manufactures and markets a range of pharmaceutical and hygiene products in Nigeria as well as imports and distributes medical, surgical and hospital consumables. The company is a leader in the field of Woundcare solutions, trauma/arthroplasty and bone graft products in Nigeria. Its Advance Wound Management business offers a range of products from initial wound bed preparation to full wound closure. Antiseptics and disinfectants are marketed under the Morigad brand name. Other well known brands include Gypsona, Dynacast, Soffban, Cutisoft and Leukomed. Morison Industries Plc is involved in merchandising hip, knee and shoulder joints implants as well as ancillary products such as bone cement and biomaterials for elective orthopaedic and trauma surgery; and is a distributor of the full range of Braun medical products. Morison Agro Allied is a subsidiary of Morison Industries Plc and markets a range of agricultural preparations including herbicides and biocide disinfectants under the brand names Glutacide, Germicide and Lysol. Morison Industries Plc has an export license from the Nigerian Exportation Promotion Council to export shea nuts, cashew nuts, cocoa, ginger, bitter kola and sesame seeds. The company also has a division which manufactures and markets products made from fish oil with High Omega 3 content in addition to selling lifestyle products which improve blood pressure and cholesterol levels and helps reduce the risk of heart disease and strokes. The company’s head office is in Lagos, Nigeria. Morison Industries Plc is listed on the Nigerian Stock Exchange
restaurant can not get a good profit is the key to see whether the net profit is high, that is, we often say that the gross margin, the following is to introduce several ways to improve the operating margin of food and beverage. We shop for reference only. Specifically the following.
1. boost sales by
margin = (Sales – cost) divided by sales, so the increase in sales can be the easiest to increase the gross profit.
2. control material storage
raw material storage is appropriate, determine the amount of material, determine the amount of material, resulting in the total cost of business.
The amount of
plan affects the inventory, the plan is large, and the actual demand is less, resulting in an increase in the amount of surplus materials, resulting in abnormal loss of material, resulting in gross profit decline.
4. product ingredient control
according to the different seasonal adjustment of seasonal vegetable ingredients accounted for. Such as: winter, spinach, high price and low rate, if you continue to use this kind of vegetables as an ingredient, the gross profit must be tight. However, bovine winter food, raw materials 2.4 yuan per kilogram, and a high success rate, if the ingredients spinach replaced bovine dishes, the total material costs, gross profit increased.
5. acceptance control
is the source of raw materials to control the acceptance of raw materials, fresh raw materials, high yield, and good texture, raw materials due to the amount of unqualified discarded. The utilization rate is improved, and the waste of raw material is reduced.
6. initial machining control specification method
with fresh ingredients, to maximize the transformation of raw materials into semi-finished products, such as bacteria rod part of letinous edodes can be used, but the primary processing will be part of the letinous edodes bar were discarded, greatly reduce waste of raw materials, raw material utilization rate, resulting in increased demand for raw materials, lower gross profit.
7. cooked products:
temperature time process control
(1) 10KG niuxin dishes right boiled water for 15 seconds, niuxin food yield is 74%. But in the blanch in boiling water for 1 minutes, niuxin food texture and color changed, can not be used, the success rate of less than 30%.
(2) 5KG pig pork pieces about 15 grams each. In the barrel into the cold water to open fire cooking. Stamped cooking, boiling 45>