Juli Plc Celebrates 40 Years on Nigerian Exchange

Juli Plc marked its 40th anniversary of listing on the Nigerian Exchange Limited, originally known as the Nigerian Stock Exchange, during its Annual General Meeting. Founded in 1970 and listed in 1986, the company plans to optimise its assets to strengthen operations and create shareholder value.

The management emphasized that asset optimisation would be central to its strategic transformation, focusing on enhancing the performance of properties, business locations, operating infrastructure, inventory, and working capital. The strategy includes reviewing the utilisation and costs of existing assets, improving productivity, modernising facilities, and exploring leasing or partnerships.

Juli Plc aims to link this strategy to its healthcare and retail operations, enhance inventory management, and invest in technology and personnel to improve customer experience. The company prioritises strengthening its core pharmacy business, maintaining working capital discipline, and ensuring transparent decision-making for shareholders.

The success of these initiatives will be measured through various performance metrics.