Tripple Gee mpany : AND COMPANY PLC.- QUARTER 5 - FINANCIAL STATEMENT FOR 2022
June 29, 2023 at 06:51 am
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Tripple Gee & Company Plc.
Audited Financial Statements 31st March, 2023
Page 1
Tripple Gee & Company Plc.
Audited Financial Statements 31st March, 2023
Page 2
TRIPPLE GEE AND COMPANY PLC
CONTENTS
PAGE (S)
1.
CORPORATE INFORMATION
3
2.
FINANCIAL HIGHLIGHTS
4
3.
REPORT OF THE INDEPENDENT AUDITORS
5
4.
STATEMENT OF FINANCIAL POSITION
10
5.
STATEMENT OF COMPREHENSIVE INCOME
12
6.
STATEMENT OF CHANGES IN EQUITY
13
7.
STATEMENT OF CASH FLOW
14
8.
NOTES TO THE FINANCIAL STATEMENTS
15
9. ADDITIONAL INFORMATION
-
VALUE ADDED STATEMENT
38
-
COMPANY FIVE- YEAR FINANCIAL SUMMARY
39
Tripple Gee & Company Plc.
Audited Financial Statements 31st March, 2023
Page 3
TRIPPLE GEE AND COMPANY PLC.
CORPORATE INFORMATION:
DIRECTORS: 1. MR. SAMUEL IDOWU AYININUOLA- CHAIRMAN
MRS M. ADEBIMPE GIWA-GROUP MANAGING DIRECTOR
SENATOR (CHIEF) FELIX KOLAWOLE BAJOMO.
MR. OLUSEGUN OLUSANYA.
CHIEF (MRS) CHRISTY NKEM OKOYE.
ALHAJI ALI MADUGU.
MR WALE SHONAIKE
COMPANY SECRETARY:
MRS ADENIKE SODE
MELVIN & CO.
SUITE 1, FEDERAL SHOPPING COMPLEX
EBUTE METTA. LAGOS
REGISTERED OFFICE:
PLOT 9, KAREEM GIWA STREET,
OPPOSITE INTER'L TRADE FAIR COMPLEX,
KM11, BADAGRY EXPRESS WAY,
ABULE OSHUN, LAGOS.
TEL: 0805 5190 713
e-mail:contact@tripplrgee.com
web: www.tripplegee.com
AUDITORS:
MESSRS OLUSOLA OLOJEDE & CO
77, OBAFEMI AWOLOWO WAY
M-A-N HOUSE, 4TH FLOOR, IKEJA,
LAGOS.
REGISTRARS:
GTL REGISTRARS LTD
274 MURTALA MOHAMMED WAY,
EBUTE- METTA, LAGOS.
MAIN BANKERS:
1.) PROVIDUS BANK LTD
VICTORIA ISLAND, LAGOS.
2.) GTBANK PLC,
ASPAMDA BRANCH,
INTERNATIONAL TRADE FAIR COMPLEX.
LAGOS.
Tripple Gee & Company Plc.
Audited Financial Statements 31st March, 2023
Page 4
TRIPPLE GEE & COMPANY PLC
FINANCIAL HIGHLIGHTS
2023
2022
INCREASE/
N
'000
N
'000
(DECREASE)
%
Turnover
3,176,489
1,506,378
111%
Profit/ (Loss) on Ordinary Activities
Before Taxation
182,077
98,139
86%
Provision for Taxation
(59,175)
(31,895)
86%
Profit/ (Loss) on Ordinary Activities
After Taxation
122,902
66,244
86%
Share Capital
247,477
247,477
-
Total Equity
1,267,432
1,174,498
9%
Earnings Per Share (kobo)
24.83
13.38
86%
Dividend Per Share (kobo)
-
-
-
Net Asset Per Share (kobo)
256.0
237.3
8%
NSE Quoted Price/Share
as at 31st March (kobo)
2.70
0.96
181%
Tripple Gee & Company Plc.
Audited Financial Statements 31st March, 2023
Page 5
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Tripple Gee & Company plc published this content on 29 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 June 2023 10:50:43 UTC.
Tripple Gee and Company Plc specializes in checks and secured documents printing services. The group also develops a manufacturing of packaging products activity. Net sales break down by activity as follows:
- printing services (69.1%): printing of checks (bank checks, counter checks, dividend checks, customized checks, etc.), financial documents, transactional documents, tax revenues, ballot papers, tickets, vehicle registration stickers, labels for the food and pharmaceutical industries, etc. Tripple Gee and Company also offers security and customization solutions;
- manufacturing of packaging products (30.9%).