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October 05, 2015 5:55 PM ET

Household Products

Company Overview of Unilever Ghana Ltd.

Company Overview

Unilever Ghana Limited manufactures and markets fast moving consumer goods primarily in Ghana. The company offers various food products, such as salt, margarine, tea, and bouillon under the Annapurna, Blue Band, Lipton, and Royco brand names. It also provides home care products, including soaps, washing powders, and detergents under the Key soap, Sunlight, and Omo brand names; and personal care products, such as soaps and dental care products under Lux, Geisha, Pepsodent, and Close up brand names. In addition, the company offers nutritional products comprising cooking and eating products, as well as diet, health, and against obesity products; and health, hygiene, and beauty products. Unileve...


Heavy Industrial Area

PO Box 721



Key Executives for Unilever Ghana Ltd.

Unilever Ghana Ltd. does not have any Key Executives recorded.

Unilever Ghana Ltd. Key Developments

Unilever Ghana Ltd. Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Year 2015

Unilever Ghana Ltd. announced unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenue of GHS 121.492 million against GHS 84.543 million a year ago. Operating profit was GHS 18.081 million against operating loss of GHS 3.386 million a year ago. This was inspite of depreciation of the cedi, high inflation, rising utility cost and the energy crisis. Profit before tax was GHS 17.212 million against loss before tax of GHS 4.090 million a year ago. Profit after tax was GHS 12.660 million or GHS 0.8103 per share against loss after tax of GHS 4.343 million or GHS 0.2780 per share a year ago. Net cash used in operating activities was GHS 35.076 million against GHS 13.379 million a year ago. Purchases of plant, property and equipment were GHS 2.549 million against GHS 1.112 million a year ago. The growth in revenue achieved despite the difficult operating environment and competitive pressure, was due to a focus on distribution and operational excellence. For the year 2015, the company will deliver a double digit growth in top line and overall good results.

Unilever Ghana Limited Announces Change of Company Secretary

Unilever Ghana Limited announced the resignation of Ms. Naana Bedu-Addo as the Company Secretary of the company effective January 28, 2015. The company further announced that Ms. Elizabeth Donkoh has been appointed as the Acting Company Secretary effective January 29, 2015. Ms. Elizabeth Donkoh Joined Unilever Ghana Limited in 1994 as a Finance Officer and ranking through various positions.

Unilever Ghana Ltd. Announces Unaudited Financial Results for the Third Quarter Ended September 30, 2014

Unilever Ghana Ltd. announced unaudited financial results for the third quarter ended September 30, 2014. For the period, the company reported revenue of GHS 292.891 million against GHS 233.923 million a year ago. Loss before tax was GHS 11.652 million against income before tax of GHS 24.269 million a year ago. Loss for the period was GHS 13.014 million or GHS 0.2776 per share against income for the period of GHS 18.245 million or GHS 0.3892 per share a year ago. Net cash used in operating activities was GHS 4.255 million against net cash from operating activities of GHS 21.247 million a year ago. Purchases of plant, property and equipment was GHS 9.714 million against GHS 12.401 million a year ago. Purchases of intangible assets was GHS 2,000.

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