Kasapreko PLC, a beverage manufacturing firm, has posted robust monetary leads to 2024 monetary 12 months, recording income development of 45 per cent to GH¢ 2.7 billion.
In the identical interval final 12 months its revenue after tax soared by 574 per cent to GH¢ 138 million.
Within the first quarter of 2025, the corporate recorded a revenue of GH¢ 47 million representing a rise of 84 per cent in opposition to the revenue recorded within the first quarter of 2024.
Income surged by 52 per cent pushed by sustained quantity development and disciplined value management.
The Chief Govt Officer (CEO) of Kasapreko Ghana Restricted, Mr Richard Adjei, who disclosed this in Accra on Wednesday when the corporate took its flip on the Truth-Behind-the-Figures programme on the Ghana Inventory Trade, stated the robust monetary development was pushed by robust home gross sales and rising export demand.
Kasapreko PLC in 2024 issued company bonds by means of the Ghana Inventory Trade, and raised GH¢ 350 million to finance its operations, making it the biggest issuance by a neighborhood firm in Ghana’s historical past.
He stated elevating GH¢ 350 million by means of the general public debt market was historic for the corporate.
“Our entry into the debt capital market was greater than a financing transfer, it was a daring assertion,” the CEO of Kasapreko stated.
“We embraced accountability, demonstrated robust governance, and proved {that a} home-grown Ghanaian model can excel beneath public scrutiny whereas delivering worth to buyers,” he added.
Mr Adjei stated Kasapreko was at present the main alcoholic beverage firm in Ghana and quantity three within the water bottled water enterprise.
“From market chief to regional powerhouse as Ghana’s quantity spirits producer, Kasapreko has expanded its footprint throughout all 16 areas domestically and 14 export markets in Africa,” he acknowledged.
He stated the corporate was benefiting from African Continental Free Commerce Space initiative to increase and export to different African markets akin to Kenya and South Africa.
The CEO disclosed that the board of Kasapreko PLC had approved for the corporate to enter the equities market to boost capital by means of the Accra bourse and was hopeful that will be carried out earlier than the top of the 12 months.
“Kasapreko is practising prudent monetary administration, decreasing interest-bearing liabilities and actively managing working capital to help the expansion of its operations,” Mr Adjei stated.
Mr Adjei urged different company organisations to make use of the Ghana Inventory Trade to boost capital to finance their enterprise operations.
The Managing Director, Abena Amoah, stated elevating capital from the bond market had helped to show round Kasapreko PLC.
She stated the corporate which was struggling some few years in the past and making losses, was at present a worthwhile firm, saying the efficiency of the corporate had been very vital.
Ms Amoah stated the Accra bourse offered lengthy and patience capital for corporations to finance their enterprise operations.
The Managing Director of GSE inspired different company our bodies to emulate the instance of Kasapreko PLC and use the Accra bourse to boost affected person capital to finance their enterprise operations.
BY KINGSLEY ASARE
