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Neimeth International Pharmaceuticals Plc (Nigeria)

Main Activities: Medicinal and Botanical Manufacturing
Full name: Neimeth International Pharmaceuticals Plc Profile Updated: September 05, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Neimeth International Pharmaceuticals Plc. is the resultant Company from the Mazi Sam I. Ohuabunwa led Management-Buy-Out of the 60% equity holding of Pfizer Inc. New York, USA in Pfizer Products Plc. This Management-Buy-Out took place in May 1997 when Pfizer Inc. in pursuit of its global repositioning strategy, divested 60% equity in Pfizer Products Plc. in favour of the existing management. Before the brand name Neimeth International Pharmaceuticals Plc.,the company had operated in Nigeria for 40 years, manufacturing, marketing, and distributing Pfizer brands of pharmaceutical and veterinary products in tablets, capsules, ointment/cream, powder, injectables, and oral liquid forms.

Headquarters
Plot 16, Akanni Doherty Layout, Oregun Industrial Estate, Oregun
Lagos; Lagos;

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Website: http://www.neimethplc.com.ng

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
January 13, 2026
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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25%
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19.19%
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10.55%
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10.11%
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6.08%
Company Performance
Financial values in the chart are available after Neimeth International Pharmaceuticals Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency NGN. Absolute financial data is included in the purchased report.
Net sales revenue
61.9%
Total operating revenue
62.71%
Operating profit (EBIT)
134.41%
EBITDA
119.27%
Net Profit (Loss) for the Period
9.43%
Total Assets
37.74%
Total Equity
11.9%
Operating Profit Margin (ROS)
10.02%
Net Profit Margin
-3.26%
Return on Equity (ROE)
-0.38%
Debt/Equity
31.74%
Quick Ratio
-0.17%
Cash Ratio
-0.08%

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