Ghana's leading beverage manufacturer, Kasapreko PLC has announced plans to list about 25 percent equity shares on the main market of the Ghana Stock Exchange.
This is part of moves by the company to increase growth and scale up investments across the continent.
The Chief Executive of Kasapreko, Richard Adjei disclosed this to some shareholders and the investor community during the presentation of the Facts Behind the Figures series organized by the Ghana Stock Exchange.
Kasapreko has maintained an impressive growth trajectory since its listing on the Fixed Income Market, with 2024 revenue growing by 45% year-on-year to GHS 2.7 billion, driven by strong domestic sales and rising export demand.
Adjei disclosed that the board has given approval for listing equity shares on the main market by the end of 2025.
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. 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”.
Managing Director of the Ghana Stock Exchange, Abena Amoah used the occasion to urge investors to support Kasapreko in their quest to expand more and contribute to economic growth.
The Kasapreko growth momentum continued into Q1-2025, with revenue up 52% and profit after tax climbing 184%, driven by sustained volume growth and disciplined cost management.
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