February 20, 2017 12:06 AM ET

Household Products

Company Overview of Unilever Ghana Limited

Company Overview

Unilever Ghana Limited manufactures and sells fast moving consumer goods in Ghana and internationally. It operates through Foods, Home Care, and Personal Care divisions. The Foods division offers spreads, tea, savory, oils, and health and wellness products. The Home Care division provides laundry and household care products. The Personal Care division offers skin cleansing and oral categories. The company also engages in investment management and real estate development activities. Unilever Ghana Limited is headquartered in Tema, Ghana. Unilever Ghana Limited is a subsidiary of Unilever PLC.

Heavy Industrial Area

Ind/A/2/ 3A-4

PO Box 721

Tema,  

Ghana

Phone:

233 303 218100

Fax:

233 303 210362

Key Executives for Unilever Ghana Limited

Unilever Ghana Limited does not have any Key Executives recorded.

Unilever Ghana Limited Key Developments

Unilever Ghana Limited Announces Board Changes

Unilever Ghana Limited announced that Mr. Moses B. Amao resigned as the Customer Development Director with effect from 1 October, 2016. Mr. Joseph Nee-Amahtey Hyde and Prof. Franklyn Manu have resigned from the Board with effect from 1 November, 2016. Mr. Charles Alexander Cofie also resigned from the Board with effect from 17 November, 2016. The persons have been appointed as Directors of the Company with effect from 1 November, 2016; Mr. Edward Effah, Mrs. Edith Dankwa, Mr. Philip Sowah, Mr. Joseph Z. Amuna. Mr. Edward Effah, Mrs. Edith Dankwa and Mr. Philip Sowah have been appointed as non-Executive Directors. Mr. Edward Effah established The Fidelity Group in October 1998 after a successful career as a senior finance executive. Currently, Mr. Effah is the Group CEO and Board Chairman of the Fidelity Group. Mrs. Edith Dankwa is the Group Publisher and CEO of Business Times Africa Magazine (BT), Energy Today Magazine (ET) and Business& Financial Times (B&FT) newspaper and BIA Conferences, and Urban Press. Philip Sowah is currently the managing director of Afriwave Telecom Ghana Limited. Prior to Afriwave, Philip was the managing director of Airtel Ghana. At Zain which later became Airtel, Philip led the start-up and launch of a new mobile operator and brand, Zain, as the first full 3G network in Ghana. Joseph Zilare Amuna is a Supply Chain practitioner with 18 years cross-cultural experience in Planning, Procurement, Supply Chain Strategy development, project management, factory operations and Industrial relations management.

Unilever Ghana Limited Reports Unaudited Earnings Results for the Half Year Ended June 30, 2016

Unilever Ghana Limited reported unaudited earnings results for the half year ended June 30, 2016. For the period, the company reported revenue of GHS 248,945,000 against GHS 251,831,000 a year ago, due to high inflation and unfavorable market conditions. Operating profit was GHS 28,966,000 against GHS 32,330,000 a year ago. Profit before tax was GHS 28,862,000 against GHS 30,587,000 a year ago. Profit after tax was GHS 21,594,000 against GHS 22,747,000 a year ago. Earnings per share for profit attributable to the equity holders of the company were 0.6910 cents per basic share against 0.7279 cents per basic share a year ago. Net cash generated from operating activities was GHS 21,534,000 against GHS 45,775,000 a year ago. Purchase of property, plant and equipment was GHS 5,022,000 against GHS 12,007,000 a year ago. High utility tariffs and depreciation of the cedi influenced the dip.

Unilever Ghana Limited Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2016

Unilever Ghana Limited reported unaudited earnings results for the first quarter ended March 31, 2016. For the quarter, revenue was GHS 127,143,000 against GHS 121,492,000 a year ago. Operating profit was GHS 18,776,000 against GHS 17,970,000 a year ago. Profit before tax was GHS 14,829,000 against GHS 17,212,000 a year ago. Profit after tax was GHS 14,032,000 against GHS 12,660,000 a year ago. Earnings per share (annualized) were 0.8980 cents against 0.8102 cents a year ago. The improved profitability was due to operational efficiency initiated by management.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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