Kasapreko PLC expects record revenue, sales volumes and profit in 2026, Chief Executive Richard Adjei said on 8 October as President John Dramani Mahama toured its Spintex factory.
The forecast is the first full-year signal from the beverage maker since it joined the Ghana Stock Exchange (GSE) in June, and it gives shareholders a yardstick for the company’s first annual results as a listed firm. “We will record our highest revenue, our highest volume of sales, and our highest profits,” Adjei said.
The numbers so far point that way. Kasapreko’s revenue rose to GH¢3.5 billion in 2025 from GH¢660 million in 2020, and profit after tax reached GH¢341.8 million. First-quarter 2026 profit climbed 55 per cent year on year to GH¢73 million. The company’s prospectus projected net income of GH¢439 million for 2026, which would be about 28 per cent above last year.
Its initial public offering (IPO) sought GH¢700 million by selling 583.3 million new shares at GH¢1.20 each and drew bids worth about GH¢1.72 billion, roughly US$150 million at June exchange rates, from more than 18,000 investors. Because the offer was more than twice oversubscribed, the board allotted shares pro rata and raised the GH¢700 million it targeted. Kasapreko listed on the GSE main market on 15 June with 4.13 billion shares valued at GH¢4.96 billion. Its offer followed an oversubscribed IPO by Zen Petroleum Holdings in March.
Most of the IPO money is going into a new factory at Adeiso in the Eastern Region. The company says the plant will be about three times the size of its Spintex site, with high-speed lines for water, juices and carbonated soft drinks able to fill about 250,000 bottles an hour between them. It expects the project to create about 1,000 direct and indirect jobs and to strengthen its reach into West African markets under the African Continental Free Trade Area. For comparison, the four lines Kasapreko opened at Spintex in 2015 were built for 110,000 bottles an hour.
The company also plans to move into agro-processing to add value to Ghanaian produce and cut its reliance on imported raw materials.
Mahama, who commissioned the US$70 million Spintex lines during his first presidency in December 2015, called Kasapreko a proud Ghanaian brand and pointed to its exports to the United States, South Africa and East Africa. He said a relatively stable cedi, falling interest rates, tighter fiscal management and rising foreign direct investment made this the right time for businesses to invest.
He also praised Trade, Agribusiness and Industry Minister Elizabeth Ofosu-Adjare for engaging closely with manufacturers. His government is targeting a rise in manufacturing’s share of gross domestic product to at least 15 per cent by 2030.
Founded in 1989 in Nungua with five employees, Kasapreko makes alcoholic bitters, gins and liqueurs as well as water, juices and soft drinks, and runs a second factory at Tanoso in the Ashanti Region.
