HomeBusinessIMG shareholders approve N365.5m dividend despite profit drop

IMG shareholders approve N365.5m dividend despite profit drop

Shareholders of Industrial & Medical Gases (IMG) Nigeria Plc have approved the distribution of N365.5 million as cash dividends for the 2025 full-year business.

Shareholders received a dividend per share of 50 kobo with a promise by the board to sustain growth and deliver better returns to investors.

Speaking at the annual general meeting in Lagos, Aminu Ado, chairman, Industrial & Medical Gases (IMG) Nigeria Plc, described the 2025 financial year as a testament to the company’s resilience, adaptability and strong stakeholder alignment.

According to him, despite the challenging operating environment experienced during the year, the company delivered a resilient and commendable performance in 2025.

He said: “The year demonstrated our ability to sustain business growth amid economic headwinds and industry pressures”.

Abayomi Oke, acting managing director, Industrial & Medical Gases (IMG) Nigeria Plc, said the company would remain focused on operational efficiency, customer retention, cost optimisation and strategic business

This post was originally published on this site.

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