Audio By Carbonatix
Cocoa Processing Company CPC is set to pay its second dividend this year since going public in 2003.
The company paid its first dividend last year for 2005 and its Managing Director Richard Amarh-Tetteh told Joy News that this year’s dividend for the 2006 financial year will be an increase of 33 percent.
Speaking ahead of the company’s AGM next month, Mr Amarh-Tetteh explained that though the company’s expansion project was not completed it would go ahead to pay dividend.
Shareholders of the Cocoa Processing Company had been concerned about the dividend pay out of the company but the MD said all would be well soon.
Mr Amarh Tetteh said on completion of the expansion project in September, 2007, it will begin exporting in large quantities various products including confectionaries and butter to African countries and other identified markets beyond.
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.
Latest Stories
-
13 inmates at Nsawam Prison granted bail under Justice for All Programme Â
10 minutes -
Deputy Finance minister commissions first-ever electricity for Awurahae and Sarpor communities as Christmas gift
19 minutes -
Gov’t releases GH¢139m in LEAP support for over 350,000 vulnerable households
36 minutes -
Fact-Check: Claim by GoldBod CEO that Ghana’s foreign reserves was $9bn in 2016 FALSE
1 hour -
Haruna Iddrisu: Akufo-Addo administration left Ghana’s economy in structural crisis
1 hour -
Unemployment continues to threaten Ghana’s stability – Haruna Iddrisu
2 hours -
Gov’t pledges protection and compensation for journalists harmed in the line of duty
2 hours -
Christmas Eve crash kills four at Twifo Ntafrewaso
2 hours -
Kofi Owusu Peprah unveils ‘M’aseda’ music video featuring Diana Hamilton
2 hours -
GIADEC dismisses claims gov’t plans to award Nyinahin Bauxite concessions to Ibrahim Mahama
2 hours -
Ghana Celebrates Hanukkah: A Festival of Light and Freedom
3 hours -
IMF seeks 3-month extension of Ghana’s Programme
3 hours -
Government secures $200m World Bank support to end double-track system – Haruna Iddrisu
3 hours -
GJA raises alarm over court order restraining investigative reporting
3 hours -
Ghana Embassy delegation visits Ghanaian detainees at ICE facility in Pennsylvania
4 hours
