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[2008-04-29] Fan Milk Ltd (FML) Releases Disappointing First Quarter Un-audited Results First quarter results for FML was quite disappointing, with a decrease in operating profit despite our expectations of a higher patronage for their products during the Ghana 2008 African championship. Revenues for the period increased by 14.10% to GHC12.07mn while gross profit increased by 11.48% to GHC5.69mn. The decrease in earning was largely caused by a significant 66.67% increase in administrative expenses (to GHC6.4mn) coupled with a 15.17% increase in distribution costs to GHGHC2.51mn. In the end, operating profit decreased by 3.35%, from GHC1.97mn to GHC1.91mn, while earnings decreased by 0.38%, from GHC1.58mn to GHC1.57mn. Source: SAS
[2008-10-13] Cedi in impressive performance against the pound [2008-10-09] Accra bourse index marks time [2008-10-08] Guinness Brewery loss pulls index down [2008-10-07] Ghana's Gold Stock still intact [2008-10-03] Stock:Accra bourse index ends flat [2008-10-02] GSE Bullish About Stock Market Automation [2008-10-01] Cedi in free fall - Drops 14% to dollar [2008-09-29] Donewell To Go Public [2008-09-26] Ghana shelves bond plan on market conditions [2008-09-24] UT Financial Services Goes Public [2008-09-23] HFC Bank launches “I like” campaign [2008-09-22] ABL launches website to provide information on alcohol [2008-09-18] CPC To Open A Second Factory By December [2008-09-17] Ghana Stock Market Returns To League Table [2008-09-17] Anglogold invests $8m to protect environment [2008-09-15] Ghana's Bond Issue to Clear GT Debt [2008-09-12] Accra bourse index in marginal rise [2008-09-11] SEC resolves GSE and Databank dispute [2008-09-08] Ghana is at the top of the world's stock-return league table [2008-09-03] HFC Bank now a member of WSBI [2008-09-02] Accra bourse index in marginal rise [2008-09-02] GCB wants more business [2008-08-29] Mergers & Acquisitions Shake Banks [2008-08-28] Anglo Gold Ashanti Ordered to pay 275 workers [2008-08-26] Accra bourse index rises [2008-08-25] Ecobank to launch 2.5 billion dollar share offer [2008-08-22] Ghanaian Shares Soar [2008-08-21] GCB opens new branch at Walewale [2008-08-20] GIPC records 924 million worth of investment [2008-08-19] Cedi depreciates to major currencies [2008-08-18] Mineral Revenue Jumps 39% [2008-08-18] Subscriptions for ETI shares begin on Aug 25 [2008-08-15] GSE Capitalization Reaches $18bn [2008-08-14] Manufacturers urged to increase exports to benefit from AGOA [2008-08-13] GCB names new Deputy Managing Director [2008-08-12] BOPP Consolidates Performance [2008-08-08] HFC Bank opens 14th branch [2008-08-05] Coys Post Impressive Returns [2008-08-01] Golden Star Resources hands over palm plantations to farmers [2008-07-30] Investors on Accra Bourse reap big returns [2008-07-29] GOIL Secures Contract For Dealers [2008-07-24] SEC Rejects Aviance Prospectus [2008-07-24] HFC Investment poised to ensure shareholder value [2008-07-23] Epack leads the investment pack [2008-07-22] SEC Rejects Aviance Prospectus [2008-07-22] The Bank of Ghana raised its benchmark prime interest rate by 100 [2008-07-22] Unilever urges Standards Board to control counterfeit products [2008-07-18] Accra bourse index continues surge on back of Ecobank [2008-07-16] GCB OPENS MORE BRANCHES [2008-07-15] Stock: Accra bourse index opens week stronger [2008-07-15] Ghana, World Bank Sign $157m Pact [2008-07-11] Unique Trust Prospectus Scrutinised [2008-07-08] GSE index gains from cedi redenomination [2008-07-04] Government announces agreement with Vodafone [2008-07-02] Ghana Airways realizes $3m asset [2008-07-01] Shareholders of Banks urged to Buy More Shares [2008-07-01] Ecobank’s Arnold Ekpe for topmost business award [2008-07-01] Commodity Exchange Needs $500m [2008-06-27] PZ Cussons Ltd (PZ) Records Marginal Gains in Earnings in FY 2008 [2008-06-25] Unique Trust to list 90m shares [2008-06-24] GOIL Fuels Bui Dam Project [2008-06-23] Inflation To Hit 18.4% [2008-06-18] Stanbic-ADB Deal Still Pending [2008-06-18] Ecobank and Computershare sign joint venture agreement [2008-06-18] CFAO Ghana Ltd (CFAO) Releases Exciting First Quarter Results [2008-06-18] Supper Paper Products Company Ltd (SPPC) In Litigation Case. [2008-06-13] Accra bourse index inches up [2008-06-11] GCB donates GH¢ 49,651 to 21 institutions [2008-06-11] GCB SUPPORTS INSTITUTIONS WITH GH¢49,651 [2008-06-10] Mining Investments Hit $14bn [2008-06-09] CAL Bank Saga •SSNIT Stops Afare Donkor [2008-06-06] CAL Bank Moves On [2008-06-05] CAL Bank Decision Hour [2008-06-04] Ghana Companies Going Public [2008-06-03] CAL Bank Saga: Afare Donkor Gets Support [2008-06-02] BoG halts trade in CAL shares [2008-06-02] Cal Bank Saga [2008-05-30] SIC Posts 18.4% Turnover [2008-05-29] GSE enjoys another impressive [2008-05-28] CAL gain pushes up Accra bourse index [2008-05-27] Ghanaians Pay High Interest Rates [2008-05-27] GCB SWEEPS THREE AWARDS [2008-05-22] AngloGold Injects $44m Into Operations [2008-05-22] Standard Bank announced new base rate [2008-05-21] Ecobank to tap local expertise to enhance growth [2008-05-20] USD57m to expand Anglogold Ashanti’s Iduapriem mine [2008-05-19] Ecobank Transnational Shareholders approve three billion dollars additional capital [2008-05-16] Anglogold Ashanti pays 589,767 Ghana cedis to government [2008-05-15] Ghana Commercial Bank opens more branches [2008-05-13] Cal Bank Ltd (CAL) Announces Resignation of Two Board Members [2008-05-13] RESIGNATION OF DIRECTORS [2008-05-08] Krif Ghana to List On the Stock Market [2008-05-08] BOPP recorded an extraordinary 267.00% increase in earnings [2008-05-08] CPC recorded a remarkable 123.60% increase in earnings [2008-05-08] GCB recorded a 56.85% increase in earnings [2008-05-08] [2008-05-08] SIC recorded a 95.62% increase in earnings [2008-05-07] Ghana Cedi loses slightly [2008-05-07] WFP, UNILEVER launch partnership in Ghana [2008-05-07] EBG recorded an impressive 66.73% increase in earnings [2008-05-07] Earnings in EIC increased by 77.59% [2008-05-07] Earning for HFC increased by 17.67% to GHC1.12mn [2008-05-07] GGBL impressive result [2008-05-07] Stock maintains momentum [2008-05-07] SPL showed a good improvement in its bottom-line [2008-05-06] Index continues upswing [2008-04-30] Standard Chartered Bank holds AGM [2008-04-30] Benso Oil palm Plantation announced a dividend of GHC0.0150 [2008-04-29] Accra bourse opens week on positive note [2008-04-29] Cal Bank Limited (CAL) Records Modest Increase in Earnings [2008-04-29] Fan Milk Ltd (FML) Releases Disappointing First Quarter Un-audited Results [2008-04-29] HFC Bank Ghana Ltd Announces Details of Rights Issue [2008-04-29] SG-SSB Ltd Announces Resignation of two (2) Directors [2008-04-29] High Cost of Sales Affects TOTAL’s Unaudited First Qtr Earnings [2008-04-29] Trust Bank Ltd (The Gambia) TBL First Quarter Unaudited Results Dips [2008-04-29] Unilever Ghana Limited (UNIL) Post Impressive Unaudited First Qtr Results [2008-04-28] Renaissance Capital takes stake in Ghanaian brokerage .. [2008-04-28] Bank of Ghana to introduce Automated Clearing House [2008-04-28] High Tariffs Killing Cocoa Sector [2008-04-28] President Kufuor launches landmark payment system [2008-04-25] Accra bourse Index jumped up [2008-04-24] $3 billion dollars investment in first quarter of 2008 [2008-04-21] More Banks Move To Recapitalise [2008-04-18] Ghana to keep 50% of oil revenue [2008-04-16] Ghana and World Bank sign 10 million dollars supplementary funding [2008-04-14] Unique Trust, Aviance List In June [2008-04-10] GSE All-Share Index continues rally [2008-04-08] GCB POSTS GH¢25.462 MILLION FOR THE YEAR [2008-04-01] No Dividend For PBC Shareholders [2008-03-25] GSE Index makes significant gain [2008-03-17] Inflation inches up again at 13.2% [2008-03-17] AngloGold struggles in the woods - Officials [2008-03-07] MiDA and ARB Apex Bank sign agreement By GNA [2008-03-06] Subscription for Golden Jubilee Savings Bond extended to June [2008-02-28] GSE All-Share Index leaps up [2008-02-20] GSE to reap from new BoG figure [2008-02-11] Stock Exchange to quote share prices to decimal places [2008-02-07] At the GSE [2008-01-30] SIC Life Seeks Strategic Investor [2008-01-28] More SOEs Go Public [2008-01-03] ECOBANK Group CEO commissions three ultra modern branches in Ghana [2007-12-21] Ecobank open for mergers [2007-12-20] Coys Snatch SIC Shares [2007-12-17] SIC share floatation launched at Tarkwa [2007-12-17] Central Bank committed to prudent policies [2007-12-12] ECOBANK Uncovers ¢4 billion Fraud [2007-12-07] Golden Star to sell shares on Ghana Stock Exchange [2007-12-03] SPPC posts income surplus of GH¢73,810 [2007-11-28] Capital market asked to finance new businesses [2007-11-12] Inflation down by 0.1% [2007-11-09] BoG Takes Steps To Check Inflation [2007-11-08] BOG Increases Prime Rate At 13.5% [2007-10-31] Savings and Loans Companies to become universal banks [2007-10-30] Collective Investment Schemes Mobilize ¢275.23bn [2007-10-29] Integration of Stock Exchanges In Progress [2007-10-24] EIB launches first international Ghana cedi bond [2007-10-22] Loans company slashes interest rates [2007-10-17] Country Earns $893 Million From Exports [2007-10-11] Bond Market Bank of Ghana to review entry requirements of primary dealers [2007-10-10] London Stock Exchange welcomes Ghana`s Eurobond issue [2007-10-09] Benso Oil share price falls to its IPO [2007-10-02] Stock Continues to Inch Up [2007-09-28] Ghana bond over-subscribed on international finance market [2007-09-27] Ghana's bond with advancing economies on the rise [2007-09-19] GSE To See More Listings • As GOIL, SIC Come On Board [2007-09-17] MiDA and BOG sign $82.4m pact [2007-09-16] EIC rated AA- [2007-09-13] GOIL Offers Over Gh¢ 17m Shares [2007-09-06] GOIL Offers Over Gh¢ 17m Shares [2007-09-05] ICCO forecasts wider cocoa market deficit in 2006/07 production year [2007-09-04] Metropolitan Life excites insurance market [2007-08-31] GOIL Changes Gear [2007-08-30] ISODEC joins debate on ADB sale [2007-08-23] Is SPPC on the Way to Recovery? [2007-08-17] The Grand Debate - ADB Shares Can Be Sold [2007-08-16] The GSE This Week [2007-08-15] ADB in secret meeting over its sale? [2007-08-14] Companies in the News [2007-08-07] Government raises US$750m form global market [2007-08-06] Bawjiase Rural Bank Supports Micro Financing [2007-07-27] Ghana Cedi goes Online [2007-07-25] New Listings On GSE Fade [2007-07-21] Annual General Meeting [2007-07-12] The GSE [2007-07-11] COCOBOD to invest more abroad [2007-07-04] New Ghana cedi notes out [2007-07-03] World Bank to help Ghana [2007-07-02] ¢20m bounty on killers of GCB boss [2007-06-29] South Akim Rural Bank makes profit [2007-06-25] GCB enters electronic banking era [2007-06-25] Zupintra Corporation Finalizes Ghana Deal and completes name change [2007-06-22] ADB denies Stanbic takeover [2007-06-21] Ghana’s oil won’t be a curse [2007-06-21] ADB denies Stanbic takeover [2007-06-20] Areeba soon to be MTN Ghana [2007-06-19] Companies in the News [2007-06-18] Mechanical Lloyd in Robust Health [2007-06-15] Banks accused, but Central Bank director says it will ok [2007-06-13] GSE All-Share index in marginal gain [2007-06-13] Bank of Ghana destroys old cedi notes [2007-06-12] Banks to close doors [2007-05-30] Energy crisis to affect economic gains [2007-05-25] GSE closes week on low note [2007-05-02] First Allied Savings And Loans Now in Accra [2007-04-30] On a Pilgrimage Into the Future With GCB [2007-04-25] BoG Staff Lay Down Tools [2007-04-05] GCB Makes Remarkable Strides [2007-03-26] EIC Tema branch holds Client Seminar [2005-06-22] GSE ready for good growth [2005-02-09] Camelot Makes Inroads Into West Africa [2004-06-25] Camelot Records 54 Percent Increase In Profit [2004-04-24] Total Petroleum Ghana Limited releases Result [2004-02-14] New Appointments in Camelot [2003-08-15] SEC To Rule On Camelot, SAS Dispute