Thursday, July 31, 2025
NewsCenta
  • Home
  • News
    • Politics
    • Local
    • Education
    • Agriculture
    • World
  • Entertainment
    • Celebrities
    • Music
  • Lifestyle
  • Business
  • Sports
  • Tech
  • Opinion
No Result
View All Result
NewsCenta
  • Home
  • News
    • Politics
    • Local
    • Education
    • Agriculture
    • World
  • Entertainment
    • Celebrities
    • Music
  • Lifestyle
  • Business
  • Sports
  • Tech
  • Opinion
No Result
View All Result
NewsCenta
No Result
View All Result

Kasapreko’s net profit soars by 574%, revenue hits GH₵2.7bn

Net profit for Kasapreko has increased by 574%

admin by admin
May 26, 2025
in Business
0
Kasapreko’s net profit soars by 574%

Kasapreko’s net profit soars

Share on FacebookShare on Twitter

Kasapreko PLC, one of Ghana’s most iconic beverage manufacturers, has reaffirmed its commitment to transparency, investor confidence, and financial discipline at the Ghana Stock Exchange’s “Facts Behind the Figures” forum held on Friday, May 23, 2025.

The event marked a pivotal moment in the company’s journey through the capital markets, with Kasapreko showcasing its record-breaking achievements and mapping out its ambitious growth trajectory.

You might also like

BoG remittances compliance

BoG tightens rules on remittances amid compliance failures

July 30, 2025
BoG Asiama dollar

BoG Governor Dr Asiama allays fears of dollar shortage

July 30, 2025

A bold capital market entry

At the heart of Kasapreko’s presentation was its landmark GH₵350 million corporate bond issuance in 2024 — the largest ever by a locally-owned company in Ghana’s history.

The bond not only raised capital for expansion but also signaled a significant shift in the company’s financial strategy.

Richard Adjei, Chief Executive Officer (CEO) of Kasapreko, described the move as transformative.

“Our entry into the debt capital market was more than a financing move; it was a bold statement,” Adjei declared.

“We embraced accountability, demonstrated strong governance, and proved that a homegrown Ghanaian brand can excel under public scrutiny while delivering value to investors.”

Financial results reflect operational strength

Kasapreko’s financial results for the 2024 fiscal year have been nothing short of stellar.

The company posted a 45% increase in revenue, reaching GH₵2.7 billion — a growth attributed to surging domestic demand and robust export performance.

Even more striking was a 574% jump in net profit, underscoring disciplined cost management and operational efficiency.
This strong momentum has continued into 2025. In the first quarter alone, revenue surged by 52%, while profit after tax soared 184%, reflecting continued volume growth and sound financial controls.

Investor confidence continues to build

Investor response to Kasapreko’s performance and strategic direction has been overwhelmingly positive.
The company secured more favourable pricing on its second bond tranche, a development widely seen as a vote of confidence from the market.
“Such pricing improvements indicate trust not only in our financial fundamentals but also in our long-term strategy,” said Adjei.
“We are proud to be setting new standards for what indigenous Ghanaian companies can achieve.”
Kasapreko also highlighted its continued efforts to reduce interest-bearing liabilities and strengthen working capital management, pointing to a strategy grounded in prudent financial practices.

From national icon to regional force

Beyond the numbers, Kasapreko has been steadily expanding its reach.
The company now boasts a distribution presence in all 16 regions of Ghana and exports to 14 African countries, further solidifying its status as a regional beverage powerhouse.
Its distribution network expanded by 13% over the past year, enhancing the company’s logistical capacity and deepening its market penetration.
These expansions have been instrumental in maintaining the momentum behind its flagship products such as Alomo Bitters, which continues to enjoy strong demand across multiple markets.

Legacy of innovation and growth

Founded in 1989, Kasapreko PLC has evolved from a modest local beverage outfit into a multinational brand with a diverse portfolio of alcoholic and non-alcoholic drinks.
Today, the company stands as a symbol of Ghanaian entrepreneurial resilience, innovation, and global ambition.
Looking ahead, Kasapreko says it remains focused on sustainable growth, value creation for investors, and operational excellence.
“Our journey has just begun,” Adjei told investors. “We will continue to chart a path of transparency, innovation, and African excellence — a path that benefits shareholders, consumers, and the wider Ghanaian economy.”
Post Views: 245
Tags: Kasapreko
admin

admin

Related Stories

BoG remittances compliance

BoG tightens rules on remittances amid compliance failures

by NewsCenta
July 30, 2025
0

The Bank of Ghana (BoG) has announced stricter measures against Banks, Dedicated Electronic Money Issuers (DEMIs), Enhanced Payment Service Providers...

BoG Asiama dollar

BoG Governor Dr Asiama allays fears of dollar shortage

by NewsCenta
July 30, 2025
0

Dr. Johnson Pandit Asiama, Governor of the Bank of Ghana (BoG), has allayed fears of businesses and investors of a...

Borrowing costs policy

Borrowing costs to drop as policy rate cut to 25%

by NewsCenta
July 30, 2025
0

The Bank of Ghana (BoG) has cut its benchmark monetary policy rate by 300 basis points, reducing it from 28...

Ecobank $398 profit

Ecobank posts $398m profit, $1.1 billion revenue in 2025 first half

by NewsCenta
July 30, 2025
0

Ecobank Group’s unaudited financial results for the first half of 2025 report a 23% year-on-year increase in profit before tax...

Recommended

MTN Ghana

PMI Ghana celebrates MTN Ghana’s project management skills

July 31, 2025
UDS student

Jilted UDS student lover who killed rival given death sentence

July 31, 2025
MTN AI customer

MTN taps AI, expands service centres for customer satisfaction

July 31, 2025

Popular Story

  • Songs Daddy Lumba

    See the list of over 200 songs Daddy Lumba released

    721 shares
    Share 288 Tweet 180
  • 10 of top 11 causes of death killing more men in Ghana

    696 shares
    Share 278 Tweet 174
  • Bissue floors High Court and OSP at Supreme Court

    689 shares
    Share 276 Tweet 172
  • Monday, May 26, 2025 Newspaper Headlines

    670 shares
    Share 268 Tweet 168
  • Tuesday, June 10, 2025 Newspaper Headlines

    658 shares
    Share 263 Tweet 165
NewsCenta

Newscenta is a Ghana-based news organisation publishing in print (The Newscenta Newspaper) and on a digital media platform (newscenta.com) dedicated to delivering timely and impactful news across various sectors, including politics, business, economy, technology, and culture.

  • About Us
  • Contact Us
  • Health
  • Education
  • Mining
  • Energy
  • Telecoms
  • Agriculture
  • Trade
  • Opinion
  • Videos

© 2025 All Rights Reserved NewsCenta.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Politics
    • Local
    • World
  • Entertainment
    • Celebrities
    • Music
  • Lifestyle
  • Newspaper Headlines
  • Business
  • Agriculture
  • Education
  • Sports
  • Tech
  • Opinion

© 2025 All Rights Reserved NewsCenta.

Connect with us