Audio By Carbonatix
HFC Bank will today engage institutional investors and brokers about its financial and general performance at the Ghana Stock Exchange’s facts behind the figures session.
Though the bank recorded a marginal drop in its profits for 2009, its profit after tax for the first three months of this year went up by 22 percent to GH¢2.15 million Ghana cedis.
Its share price however has not been impressive. It has dropped from an all-year high of around 62 pesewas in November last year to 59 pesewas as at last week.
This could be attributed to the lack of liquidity in the shares because they are held mainly by institutional investors.
The company’s management may therefore want to use Wednesday’s opportunity to throw up some ideas as to how to hype the attractiveness of the stock.
Source: Joy Business/Myjoyonline.com/Ghana
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
-
West Mamprusi launches community-led WASH and livelihoods project across 100 communities
38 seconds -
Iran says it will wait for official US response after Trump rejects Strait of Hormuz proposal
15 minutes -
90 Oti communities to benefit from government electrification project
17 minutes -
Floods leave 246 without shelter as 93 houses collapse in North East Gonja
29 minutes -
Labour Minister wants SOEs to help shape new public pay system
5 hours -
IPEC will ensure Equity and Sustainability in SOEs Compensation
6 hours -
White House bars CNN from travelling with Trump on Air Force One
6 hours -
Fennis wins second consecutive ITF J60 title in Accra
6 hours -
Spain beat England in thriller after Kane penalty miss
7 hours -
GPL 2026/27: Zaidan’s late goal ends Hearts of Oak unbeaten start
7 hours -
CEOs demand clarity on pay harmonisation, board autonomy as FWSC engages SOEs bosses over IPEC transition
7 hours -
2026 Women’s Super Cup: FC Savannah, Epiphany Warriors maintain top spots ahead of final group games
7 hours -
‘Is EOCO responsible for determining lawyers’ fees?’ – Baffour Awuah
7 hours -
David Beckles claims second J60 Accra title
7 hours -
No France cocaine suspect linked to Mahama, Vice President’s security details – NACOC
7 hours