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
, thank you so much for helping us get the money back." The day before, when Liao Xiaobing and other 18 migrant workers from the hands of the District People’s Court of Xining city from
was owed 137 thousand yuan wages, excitedly holding the hands of the judge for a long time. Admissibility of the case of the city people’s court judge said: migrant workers for the construction of our
has made a great contribution to law enforcement agencies, as we have an obligation to speak for migrant workers."
March 2008, 23 year old Liao Xiaobing and Sichuan,, a fellow to work in Xining. Introduced by fellow, they signed a labor
and Shaanxi Hengyu building services limited liability company
contract. The contract, by Liao Xiaobing and others responsible for the completion of the construction of Xining Li Jinyuan Xavier No. 3, No. 4, building 5, concrete pouring work. Just arrived in Xining received this
what a big business, Liao Xiaobing very happy, called 15 fellow. Six months later, Liao Xiaobing et al. However, the settlement of wages, Shaanxi Hengyu
construction services limited liability company paid only 18 employees, such as Liao Xiaobing, part of the wages, the remaining $137189 wage arrears owed up to two years.
In order to let the villagers pay
as soon as possible, Liao Xiaobing and fellow Shaanxi Hengyu building services limited liability company service prosecution to the Xining City District People’s court. City People’s court
after hearing the verdict, Shaanxi Hengyu building services limited liability company service paid up Liao Xiaobing’s wage arrears. However, after the entry into force of the judgment, the company did not set a deadline for
performance obligations. Liao Xiaobing, who had no choice but to apply for enforcement of the city people’s court, after the court presided over the mediation, the defendant still does not fulfill the statutory obligations. Liao Xiaobing and other 18 people again
apply to the city people’s court for enforcement. The City District People’s court accepted the case judge through various efforts, to Shaanxi Hengyu building services limited liability company
in Shaanxi ProvinceCommercial Bank branch in Xi’an City Nanyuan
deposits, immediately to take the law enforcement measures, the company will deduct the wages owed by Liao Xiaobing to the District People’s Court of accounts, and
sent the money to the hands of 18 migrant workers such as Liao Xiaobing.