Accra, Ghana//-Kasapreko PLC, Ghana’s giant beverage manufacturer, today disclosed that it is planning to list 25% of its equity shares on the Ghana Stock Exchange (GSE) by the end of this year.
The planned equity listing follows a transformational period for the beverage company, marked by a significant capital raise and enhanced operational performance.
The Chief Executive Officer of Kasapreko PLC, Richard Adjei, made this known when the company took its turn at the GSE’s Facts Behind Figures, organised for listed companies to engage with key stakeholders, investors, and the public.
“This year, thanks to the board members and shareholders, we also have approval to list equity on the Ghana Stock Exchange main market. We are looking at floating a maximum of 25% of equities, hopefully by the end of this year,” Mr Adjei explained.
He further revealed that since its landmark corporate bond issuance in 2024, which recorded the largest sales revenue by a local company in Ghana’s history at GH¢350 million, Kasapreko has set a new standard for private-sector participation in the public debt capital market.
“Our entry into the debt capital market was more than a financing move; it was a bold statement,” said Mr. Adjei
“We embraced accountability, demonstrated strong governance, and proved that a homegrown Ghanaian brand can excel under public scrutiny while delivering value to investors”, he added.
The CEO used the occasion to reaffirm the company’s commitment to market transparency and investor engagement, which are critical to business sustainability.
The company’s strategic initiatives and prudent financial management position it well for continued growth in 2025.
Mr Adjei’s optimism reflects confidence in the effectiveness of the Board and Management Committee’s robust strategies.
His appreciation for shareholders and investors underscores the importance of their ongoing support in achieving the company’s future successes.
The board and the executives of the company took turns highlighting various aspects of the company’s contribution to the Ghanaian economy.
According to them, Kasapreko has maintained an impressive growth trajectory since its listing, with 2024 fiscal year revenue growing by 45% year-on-year to GHS 2.7 billion, driven by strong domestic sales and rising export demand.
While the company’s net profit also surged to 574%, underscoring operational efficiency.
This momentum continued into the first quarter of 2025, with revenue up 52% and profit after tax climbing 184%, driven by sustained volume growth and disciplined cost management.
Investor confidence in Kasapreko continues to strengthen, evidenced by the successful negotiation of tighter pricing on its second tranche, reflecting increased market trust in its operations.
The company is practising prudent financial management by reducing interest-bearing liabilities and actively managing working capital to support ongoing growth.
Instructively, established in 1989, Kasapreko is a Ghanaian multinational beverage company that produces a wide range of alcoholic and non-alcoholic drinks, including Alomo Bitters, a herbal alcoholic drink, being its flagship product.
Over the years, Kasapreko has expanded its portfolio to include other beverage products like whiskey, gin, wine, soft drinks and drinking water.
