Analysing financial performance of listed cement industries in Nigeria: Financial Ratio Approach

Olayinka, Aminu Abdulrahim; Mustapha, Sagir

doi:10.35912/amor.v3i4.1394

Cited by 1 publication

(1 citation statement)

References 12 publications

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“…The remaining portions of the total marketing costs, transport expenses, handling charges, government daily market fees, and storage expenditures are detailed in Table 5. Source: Processed data (August 2023) Profitability ratios are the degree of income and earning capacity of an investment (Olayinka and Mustapha, 2022). Additionally, Eton, Fabian, and Eliab (2023) argued that profitability always serves as a barometer of business performance, and without it, no enterprise can stay in operation.…”

Section: Resultsmentioning

confidence: 99%

Assessment of profitability and efficiency analysis of watermelon (Citrullus lanatus) value chain in Yobe State, Nigeria

Olayinka,

Lawan

2023

AMOR

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Purpose: An imperative step in enhancing investment returns for watermelon producers and marketers is to comprehensively analyze the watermelon value chain. This evaluation was recently conducted in Yobe State, Nigeria, during the period spanning from July to August 2023. Research methodology: The data acquisition process involved the administration of a questionnaire that facilitated the gathering of information from 540 participants across various roles within the value chain, encompassing producers, wholesalers, and retailers operating within the study's geographic scope. Results: The findings of this investigation illuminate the prevalent utilization of urban marketing channels by watermelon marketers, and it is noteworthy that approximately half of these marketers engage in their marketing endeavors within urban markets such as Kano, Kaduna, and Abuja. Notably, the study underscores the substantial impact of transportation costs on both the pricing and net marketing returns associated with watermelons. A significant proportion of these marketers were motivated primarily by the pursuit of sustainable livelihoods, while the allure of profitability drove others. However, a critical challenge encountered in the watermelon marketing domain pertains to the accessibility of credit facilities, which affects nearly 90% of the stakeholders involved in the value chain. Additionally, other constraints exerted relatively minor effects on marketers' activities and outcomes. Limitations: This study was limited to data from 460 participants involved in various stages of the watermelon value chain in the study area from July to August 2023. Contribution: This study can aid different actors in the watermelon value chain when making investment decisions.

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Section: Resultsmentioning

confidence: 99%