Multi-Trex Integrated Foods: ₦3 Million Revenue, ₦196 Million Loss

Multi-Trex Integrated Foods: ₦3 Million Revenue, ₦196 Million Loss This is a genuinely striking filing worth discussing. Multi-Trex's Q1 FY2026 turnover came in at just ₦3.08 million— down from an already tiny ₦47.9m for the full prior year, against a quarterly loss of ₦196m. For context, this company owns a cocoa processing plant with ₦12.95bn in net fixed assets sitting almost entirely idle: inventories are at zero (no finished goods, no work-in-progress, no raw cocoa beans), and they... Read more

  Economy   Oct 6, 2026   0   13  Add to Reading List
Multi-Trex Integrated Foods: ₦3 Million Revenue, ₦196 Million Loss












Multi-Trex Integrated Foods: ₦3 Million Revenue, ₦196 Million Loss

This is a genuinely striking filing worth discussing. Multi-Trex's Q1 FY2026 turnover came in at just ₦3.08 million— down from an already tiny ₦47.9m for the full prior year, against a quarterly loss of ₦196m. For context, this company owns a cocoa processing plant with ₦12.95bn in net fixed assets sitting almost entirely idle: inventories are at zero (no finished goods, no work-in-progress, no raw cocoa beans), and they...

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