Company ABC Transport Plc

Equities

ABCTRANS

NGABCTRANS01

Passenger Transportation, Ground & Sea

End-of-day quote Nigerian S.E. Other stock markets 23:00:00 19/05/2024 BST			5-day change	1st Jan Change
0.65 ^NGN	0.00%		0.00%	-19.75%

05-01	ABC Transport Plc Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	ABC Transport Plc Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	CI

Business Summary

ABC Transport Plc specializes in transport by bus services. The group also develops goods and mail transport activity. Net sales break down by activity as follows:

- freight, mail and package transport (45.6%);

- sale of vehicle spares and speed governors (27.2%);

- passenger transport (23.5%);

- hospitality services (3.7%).

Number of employees: 1,134

Sales per Business

NGN in Million	2022	Weight	2023	Weight	Delta
Cargo 47.3 %	2,609	32.1 %	2,496	47.3 %	-4.34%
Trading (Truck/Spare Parts Sales) 22.1 %	2,286	28.1 %	1,164	22.1 %	-49.06%
Haulage 10.7 %	872	10.7 %	566	10.7 %	-35.14%
Sprinter 7.0 %	910	11.2 %	371	7.0 %	-59.20%
Others 6.1 %	267	3.3 %	322	6.1 %	+20.69%
Coach 3.5 %	629	7.7 %	186	3.5 %	-70.38%
Shuttle 1.9 %	287	3.5 %	99	1.9 %	-65.31%
City Transit Inn 1.3 %	280	3.4 %	67	1.3 %	-76.11%

Sales per region

NGN in Million	2022	Weight	2023	Weight	Delta
Nigeria 99.4 %	8,043	99.3 %	7,488	99.4 %	-6.90%
Ghana 0.6 %	56	0.7 %	43	0.6 %	-23.22%

Managers

Managers	Title	Age	Since
Frank Nneji FOU	Founder	-	12/02/93
Rex Okoro DFI	Director of Finance/CFO	-	31/12/07
Lady Nwogu ADM	Chief Administrative Officer	-	31/12/02
Jude Nneji BRD	Director/Board Member	-	12/02/93
John Nwaji AUD	Comptroller/Controller/Auditor	-	-
Victor Nneji SAM	Sales & Marketing	-	31/08/19
Onyekachukwu Chigbo SEC	Corporate Secretary	-	31/12/10
Verere Tesman Regha PRN	Corporate Officer/Principal	-	-
Ifeanyi Izuka PRN	Corporate Officer/Principal	-	-

Members of the board

Members of the board	Title	Age	Since
Frank Nneji FOU	Founder	-	12/02/93
Jude Nneji BRD	Director/Board Member	-	12/02/93
Olumide Obayomi CHM	Chairman	-	18/10/10
Kabiru Yusuf BRD	Director/Board Member	-	22/08/06
Rex Okoro DFI	Director of Finance/CFO	-	31/12/07
John Okoro BRD	Director/Board Member	-	31/07/12
Bamidele Asije BRD	Director/Board Member	-	16/03/18