Ghana’s largest indigenous beverage company, Kasapreko PLC, has announced its intention to list 25 percent of its equity shares on the main market of the Ghana Stock Exchange (GSE) by the end of 2025.
The move, aimed at driving growth and expanding the company’s investment footprint across the African continent, was revealed during a presentation at the GSE’s “Facts Behind the Figures” series.
The Chief Executive Officer of Kasapreko, Richard Adjei, shared the company’s plans with shareholders and the investment community, noting that board approval had already been secured for the equity listing.
“Coming unto the bond market was very historic for us as a local beverage company and we are glad for the support received so far this year,” he said. “Thanks to the board and the investors, we have received approval to list equities on the main market. Thanks to the Ghana Stock Exchange for pushing us to achieve this and also to our arrangers, we believe that we have to get more shareholders so we can take advantage of bigger markets.”
Kasapreko has shown strong financial performance since joining the GSE’s Fixed Income Market, with revenue in 2024 rising by 45 percent year-on-year to GHS 2.7 billion, propelled by robust domestic sales and a growing export base.
That momentum has continued into the first quarter of 2025, with a 52 percent increase in revenue and a 184 percent surge in profit after tax, attributed to higher product volumes and effective cost controls.
The Managing Director of the Ghana Stock Exchange, Abena Amoah, commended Kasapreko’s trajectory and encouraged investors to support the company as it transitions to the equity market. She emphasised that Kasapreko’s expansion and performance demonstrate the kind of indigenous success stories that contribute significantly to national economic growth.
Kasapreko’s decision to go public with equity shares is seen as a bold step to attract new investors, strengthen its capital base, and deepen its presence in new markets across Africa.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
- President Commissions 36.5 Million Dollars Hospital In The Tain District
- You Will Not Go Free For Killing An Hard Working MP – Akufo-Addo To MP’s Killer
- I Will Lead You To Victory – Ato Forson Assures NDC Supporters
Visit Our Social Media for More
About Author
