Kasapreko records GH¢47.2m profit in Q1-2025

Kasapreko plans to expand into the food industry over the next decade. The beverage manufacturer saw export volumes rise by 83 percent in two years. In 2024, 25 percent of its revenue came from international markets.

The company operates across Africa, focusing on West Africa. Its largest markets include Ivory Coast, Togo, Burkina Faso, and Nigeria. It also has a presence in East and Southern Africa.

This announcement follows strong performance in the 2024 financial year and Q1-2025. Kasapreko successfully issued GH¢350 million in corporate bonds on the Ghana Fixed Income Market (GFIM).

Adjei stated that entering the debt capital market was a bold move. He emphasized accountability and strong governance as key factors for success.

In 2024, Kasapreko's revenue grew by 45 percent to GH¢2.7 billion. Profit after tax surged from GH¢20.4 million in 2023 to GH¢137.7 million in 2024, a growth of 574 percent.

Management attributed this growth to strong domestic sales and rising export demand. Improved operational efficiency and disciplined cost management helped maintain momentum into 2025.

In Q1-2025, Kasapreko reported a net profit of GH¢47.2 million compared to GH¢16.6 million last year. Revenue increased by 52 percent year-on-year during this period.

Adjei announced plans for an IPO by year-end on the Ghana Stock Exchange (GSE). The company will float 25 percent of its shares for public ownership.

This IPO is part of a strategy to optimize capital structure for growth and diversification. Adjei believes it will deepen stakeholder engagement and improve access to long-term capital.

Managing Director Abena Amoah praised Kasapreko’s financial leap and discussed benefits within the capital market. She noted that these advantages help businesses withstand economic shocks and diversify risks.

Amoah welcomed Kasapreko’s decision to list on the stock market as significant for Ghana’s capital market. She hopes it encourages more large companies to consider listing.

The GSE Composite Index has gained 7.92 percent over four weeks and increased by 33.39 percent year-to-date. Market capitalization reached GH¢143 billion, up by 70 percent from last year.

On the fixed income market, volume rose to GH¢87 billion from GH¢57 billion recorded last year.