Kasapreko PLC announced a 55 per cent jump in profit for the first quarter of 2026. The firm reported GHS73 million in profit for the period ending March 31, 2026. This figure represents a significant increase from GHS47.2 million recorded in the same quarter of the previous year.
The substantial profit growth was mainly due to a sharp decrease in borrowing costs. Kasapreko reduced its finance expenses by nearly 43 per cent. This brought finance costs down to GHS30 million from GHS52.7 million in the prior year. The company also benefited from a slight increase in its revenue, which rose to GHS853.2 million. This uplift in revenue was supported by steady demand for its range of alcoholic and non-alcoholic beverages.
This performance positions Kasapreko within Ghana's growing beverage sector. The company's ability to manage financial costs effectively is crucial. It signals a maturing approach to corporate finance in the Ghanaian market. Kasapreko's operations span various tax regimes, including different rates for its factories in Kumasi and Accra, and export sales. This diversification impacts its overall tax liability. Statistics from the Ghana Statistical Service show a steady consumer demand for manufactured goods.
Graphic Business reported on May 3, 2026, that Kasapreko’s operating profit improved to GHS124.7 million. This was an increase from the GHS112 million reported previously. Despite higher administrative and selling expenses, the company maintained its upward profit trend. The company’s Tanoso-Kumasi factory is taxed at 12.5 per cent, while the Spintex-Accra factory faces a 25 per cent tax rate.
Looking ahead, Kasapreko will begin funding a sinking fund from August 2026. This fund is for its corporate bond programme. The repayment strategy covers Series 1, Tranches 01 and 02, listed on the Ghana Fixed Income Market. The principal obligations are due by January 29, 2027. This has led to the bond being reclassified as a current liability. Investors will closely monitor Kasapreko's cash management for these upcoming repayments.