{"id":184634,"date":"2024-05-30T09:57:10","date_gmt":"2024-05-30T09:57:10","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/05\/30\/unilever-records-gh%c2%a2141m-profit-in-2023\/"},"modified":"2024-05-30T09:57:10","modified_gmt":"2024-05-30T09:57:10","slug":"unilever-records-gh%c2%a2141m-profit-in-2023","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/05\/30\/unilever-records-gh%c2%a2141m-profit-in-2023\/","title":{"rendered":"Unilever Records GH\u00a2141m Profit In 2023"},"content":{"rendered":"<p><\/p>\n<div>\n<p><strong>Uniliver Board of Directors addressing the press<\/strong><\/p>\n<p>\u00a0<\/p>\n<p>Unilever Ghana PLC reported a revenue increase, reaching GH\u00a2908 million in 2023, a 44% surge compared to the previous year\u2019s GH\u00a2632 million.<\/p>\n<p>The company also achieved a profit of GH\u00a2141 million, showcasing an improvement over the previous year\u2019s profit of GH\u00a215 million.<\/p>\n<p>The profit growth was attributed to the positive performance and the substantial 44% turnover increase driven by price adjustments, enhanced innovations, and strategic investments in brand equity.<\/p>\n<p>Thus, Unilever Ghana will be distributing a dividend of 40p per share for the first time since 2019, with a total dividend payout of GH\u00a225 million for the 2023 fiscal year.<\/p>\n<p>The dividend distribution is scheduled for June 24, 2024, for shareholders registered in the register of names of members as of May 22, 2024.<\/p>\n<p>The Managing Director of Unilever Ghana PLC, Chris Wulff-Caesar, shared these financial highlights during the company\u2019s 50<sup>th<\/sup> Annual General Meeting held in Accra.<\/p>\n<p>He stated, \u201cThe Group exited the year with a positive cash and cash equivalents position of GH\u00a2109 million cash compared with the deficit of GH\u00a259 million in 2022.\u201d<\/p>\n<p>Mr. Wulff-Caesar mentioned that Unilever Ghana PLC actively participated in sustainability initiatives by joining the Ghana Recycling Initiative for Private Enterprises (GRIPE).<\/p>\n<p>The initiative undertook \u00a0various waste collection efforts including the Laboma Beach cleaning exercise and a beach clean-up campaign at the Tema MPS Port beach in collaboration with GRIPE, the Coastal Conservancy Organization, and Zoomlion.<\/p>\n<p>Additionally, the company planted 200 trees to commemorate World Environment Day alongside the Tema Municipal Authority (TMA) and the Twedase Basic School, among other impactful initiatives.<\/p>\n<p>Finance Director at Unilever Ghana PLC, Shweta Dwivedi, elaborated on the company\u2019s financial achievements, highlighting its ability to navigate tax impacts on operations even amid the challenging business environment experienced in 2023.<\/p>\n<p><strong>By Prince Fiifi Yorke<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p>\u00a0<\/p>\n<p><!-- AI CONTENT END 2 -->\n\t<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Uniliver Board of Directors addressing the press \u00a0 Unilever Ghana PLC reported a revenue increase, reaching GH\u00a2908 million in 2023, a 44% surge compared to the previous year\u2019s GH\u00a2632 million. The company also achieved a profit of GH\u00a2141 million, showcasing an improvement over the previous year\u2019s profit of GH\u00a215 million. The profit growth was attributed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":184635,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-184634","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Unilever Records GH\u00a2141m Profit In 2023 - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/05\/30\/unilever-records-gh\u00a2141m-profit-in-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Unilever Records GH\u00a2141m Profit In 2023 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Uniliver Board of Directors addressing the press \u00a0 Unilever Ghana PLC reported a revenue increase, reaching GH\u00a2908 million in 2023, a 44% surge compared to the previous year\u2019s GH\u00a2632 million. 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