CUTIX PLC (CUTIX)

Cutix Plc – Company Overview

Cutix Plc

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About the Company

Cutix Plc, established in 1981, is a leading Nigerian manufacturer and marketer of electrical, automobile, and telecommunication wires, cables, and related products. The company’s product portfolio includes:

  • Automotive cables
  • Household appliance cables
  • Aluminum wires for low and high voltage electric distribution
  • Telephone cables
  • Copper shielded cables for underground and aerial electric distribution

Headquartered in Nnewi, Nigeria, Cutix Plc is committed to delivering high-quality products that meet international standards, serving both domestic and international markets.

Leadership Team

  • Ijeoma Oduonye – Chief Executive Officer
  • Chidimma Udeh – Chief Administrative Officer
  • Christian Igwe – Human Resources Officer
  • Jane Nwabueze – Comptroller/Controller/Auditor
  • Ifenna Njideofor – Sales & Marketing Manager

Corporate Social Responsibility (CSR)

Cutix Plc is dedicated to corporate social responsibility through initiatives that promote education, community development, and industry research. The company has instituted an annual essay competition to enhance insurance knowledge at tertiary institutions, leading to the employment of several graduates. Additionally, Cutix Plc supports orphanages and other charitable organizations.

Company Milestones

  • 1981: Founded in Nnewi, Nigeria.
  • 1987: Listed on the Nigerian Stock Exchange, becoming the first company from Eastern Nigeria to achieve this milestone.
  • 2024: Achieved a revenue of ₦12.18 billion, marking a 31.68% increase from the previous year.
  • 2024: Reported earnings of ₦1.07 billion, reflecting a 34.84% growth compared to the previous year.

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