ABL more than doubled its loss in the full year ended March 2010, despite an improved top-line, due to a large growth in finance cost for the period. The brewery’s turnover rose by 10.9% to GH¢47.40 million, whilst its cost of sales rose by 49.5% to GH¢29.96 million. Its gross profit for the period therefore rose by 28.3% to GH¢17.45 million.

For the half year ended June 30 2009, Ayrton Drug Manufacturing Limited recorded sales of GH¢6.75 million which represents 24.5% increase over that for the same period in 2008. The company’s cost of sales increased by 24% to GH¢3.91million resulting in a 25.2% increase in gross profit. Operating expenses increased by 21% to GH¢ 0.46million. A 14.7% increase in profit after tax to GH¢1.23 million was recorded as compared to the same period in 2008.

Camelot Ghana Limited (CMLT) released its un-audited financial results for the year ended December 31, 2006. CMLT recorded a turnover of ¢15,190 million which represents an increase of 44.57% over a year ago. Cost of sales increased by 32.47% to ¢6826 million, resulting in a 56.22% increase in gross profit o to ¢8,364 million. The company also recorded an increase of 48.48% to ¢7,862 million in general administrative and selling expenses over a year ago. CMLT recorded a net profit of ¢281 million in 2006 compared to ¢82 million recorded in 2005.

A total of ¢756.60 billion worth of Government of Ghana (GoG) 5-year bond issued on December 21, 2006 has been admitted to the Official List of the GSE. . The bond which has a coupon rate of 14.47% will mature on December 15, 2011. Interest will be paid in June and December and the bond will be traded under the ISIN number, GHGOG010927. Interest income on GoG bonds to individuals is tax exempt however there is a 10% withholding tax on interest income to corporate bodies.

Ecobank Ghana Limited (EBG) released its un-audited results for the year ended December 31, 2006. EBG recorded an interest income of ¢456,874 million which is a 31.05% increase over last years figures and 17.60% above the projected ¢388,508 million. Fess & Commissions increased by 18.49% to ¢173,038 million while operating expenses increased from ¢189,227 million in 2005 to ¢248,368 million. Charge for bad and doubtful debts fell by 80.19% to ¢3,234 million contributing to the 38.16% increase in net profit to ¢165,302 million over a year ago. EBG’s net profit for the period is also 5.76% above the projected profit. Loans & advances and customer deposits for the period increased by 38.05% and 33.68% to ¢1,622 billion and ¢3,356 billion respectively. A total of ¢112,648 million has been proposed to be paid as dividend which translates into a dividend per share of approximately ¢698.