Unilever Ghana says the company is working to ensure sustained growth after the company posted a profit last year.
George Owusu-Ansah said the company has navigated its way through the torrid times to bounce back to profitability.
Speaking at a media stakeholder in Accra, he said Unilever Ghana is working to improve its profits to give its shareholders more value.
Mr Owusu-Ansah said the company values its customers and will continue working at serving them with the high-quality products it has been doing in the last many years.
According to the MD, Unilever Ghana posted a loss of ¢160 million in 2019 and ¢50 million in 2020.
However, from 2021 when it turned the corner, it made a profit of GH¢0.19 million and GH¢15 million in 2022.
The excited MD added that as of March this year, Unilever has posted a profit of GH¢28 million.
“As a company, we pledge to continue to depend on our prudent management practices and the full cooperation of staff and distributors to achieve the dream,” he added.
Unilever Ghana, he said, also recorded a turnover of GH¢242 million in the first quarter.
Also, its Net Cash Reserves also recovered from a negative position of GH¢59 million at the end of last year to GH¢16 million (positive) in the quarter under review.
He said this is only a sign of good things to come and they will keep working and improving on what help turn losses into profit.
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