NGIP Agmark Ltd (Agmark) announces an audited Operating Profit after Tax result of K3.65 Million for the half year ended 30 June 2021. This is a 541% increase on the Operating Loss of (K828,902) at 30 June 2020. The result was due to total group revenue increasing from K58.4 million last year to K85.9 million. The increase in revenue is reflective of the cocoa flush starting earlier in the financial year.
For further details please see below link.
Below is link to NGIP Agmark Limited results as at 30th June 2021.
NGIP Agmark Ltd announces an interim dividend to shareholders, the first in over 7 years.
Please see below for full disclosure
NGIP Agmark Limited hereby gives notice that the forty ninth (49th) Annual General Meeting of Shareholders will be held through Virtual Presentation on Thursday 24th June, 2021 at 10:00 am.
Click below for full details of AGM.
See below for a link to the NGIP AGMARK LTD Announcement & Appendix 4B for the year ended 31 December 2020
NGIP Agmark Limited results as at 30th June 2020 are below:
NGIP Agmark Limited held their 48th Annual General Meeting on Friday 11th of September 2020, Presenting the Financial Results for 2019 as well as the goals, achievements and challenges for that year.
The Board decided to present the AGM via virtual meeting platform provided by our share registrar Link Market Services Limited. The board thought that due to the current COVID-19 pandemic, it was necessary to take precautionary procedures to encourage online attendance.
Thank you all who attended this meeting and please find attached the slides presented online as well as the Results of the meeting.
If you have any enquiries, please send through email@example.com
The NGIP Agmark Ltd Annual General Meeting (AGM) is Scheduled for Friday 11th of September and will present the Annual Report for 2019.
The 2019 Annual Report and AGM has been delayed due to the events the COVID-19 global pandemic and the restrictions imposed under the State of Emergency. And as we operate through the “New Norm”, NGP Board has elected to use an online technology for the presentation of the 48th Annual General Meeting.
Please find below links to:
With great sorrow, NGIP Agmark Limited wish to share the sad news that their loved and respected Managing Director, John Nightingale, died of cancer on May 19th, aged 73.
John was the pioneer Independent Cocoa Trader who took the PNG Cocoa export monopoly away from colonial plantation companies when he established Agmark Pacific Limited in 1988. Agmark rapidly became PNG’s largest Cocoa exporter. John and Agmark single- handedly catapulted the prices offered to farmers upwards to reach over 80% of European market price, a level that has been world best practice ever since.
His company, Agmark Pacific Limited later merged with the New Guinea Island Produce company to become the NGIP Agmark group and later NGIP Agmark Limited.
NGIP Agmark Limited today continues to be a key participant in the cocoa export industry. Other NGIP Agmark businesses include:
- Coffee Exporting (Niugini, Coffee, Tea & Spice)
- Customs, Stevedoring & Freight Transport (Rabtrans)
- Rugby League Franchise owners (Agmark Gurias)
- Agriculture Supplies (Agmark Didiman)
- Shipping (Agmark Shipping)
- Engineering & Steel Fabrication (Rabweld)
- Heavy Equipment and Machinery (Agmark Machinery) &
- Property Development
On 20th November 2019, NGIP Agmark Limited advised on the PNG Stock Exchange that John was going on extended medical leave. Another director, Steven Nightingale, was appointed Chief Operating Officer (COO) by the board.
The board of directors have full confidence in Steven Nightingale and his management team’s ability to continue NGIP Agmark’s trading activities well into the future.