Audio By Carbonatix
Shareholders of Produce Buying Company have given its board approval to change the firm’s name to PBC.
This will enable the company to venture into other areas apart from its traditional cocoa buying business.
Speaking to Joy Business after an AGM, the Managing Director, Kojo Atta Krah said this should help the company transform its income base.
The country’s biggest licenced cocoa buyer saw a substantial growth in all areas of operations for last year.
Its revenue went up by a little over 100 per cent whilst profit after tax shot up by 95 per cent to 27 million cedis.
Shareholders are to enjoy 17 pesewas as dividend for every share held.
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
-
British poet Suli Breaks backs Glen Boateng amid Kwesi Arthur dispute
1 hour -
VAT reforms to lower prices, boost compliance – GRA
2 hours -
Ghana positions itself as investment-ready at inaugural Philadelphia Business Forum
2 hours -
Burger King Ghana opens new branch at Lakeside
3 hours -
Ghana explores maritime and trade opportunities at Philadelphia Port
3 hours -
Salaga South MP condemns abuse of Dodowa schoolgirl , assures family of accountability
3 hours -
Joy at the Mall: Music, games and shopping deals light up Day Two at Achimota
3 hours -
GPL 2025/26: Hearts batter beggarly XI Wonders to keep title hopes alive
3 hours -
IEU appeals to government to recruit Arabic teachers as graduates remain unemployed
4 hours -
UG Nursing School commends AfDB, SIF for Project Support
4 hours -
SIF hands over UG Microbiology Lab at Korle-Bu for upgrade
5 hours -
SIF hands over UG Biotechnology Research Centre Site to contractors
5 hours -
11 arrested for engaging in illegal mining at Atiwa
5 hours -
Trump threatens Canada with 100% tariffs over China trade deal
5 hours -
Two days of peace talks end as Russia continues Ukraine attacks
6 hours